Future outsourcing. Impact of outsourcing on America economy, US jobs, EU, Canada and Australia. Growth of India and China, emerging markets threat and opportunities. Conference keynote speaker.

[pjvdixon]

Yes - balance between skills and costs - outsourcing will continue, within nations as well as between them. The issue is how patterns of outsourcing will change.

[arulisms]

Outsourcing will not be cost driven it will be driven by skill. China and India will be more skilled in the coming years and sure the big corporations will stick to India and china and happy to pay the price for skillsets

[mre2u2]

Outsource the upper management too, I'm sure you could find PLENTY who would work for $15-20kUS

[Dimitri0809]

Yeah, outsourcing has resorted to job losses.

[Johnsonharris]

Outsourcing is very controversial and affects every part of business from manufacturing through to design, software development, financial control, logistics management, customer support and sales. Thanks for the information.

[dapoedog]

I am responding to a 2 year old topic I just noticed I guess the joke is on me HAHA but I am not laughing though what is so funny?

[tubecraft7]

Outsourcing began as an idea discussed among college students in the late nineteen nineties. I said to them that it was a horrible idea and that down the road it would destroy the American economy. Well, look where it all got us. On the balls of our asses for the most part. You globalists hurt more than just the workers, you hurt the entire United States. You don't deserve citizenship here. Because once a person can't pay his or her bill, the people to whom they owe money cant pay theirs.

[Gonzoidz]

We should put big sanctions on these companies that are destroying jobs. Big sanctions!

[henryw121]

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[hotrodZack1948]

maybe America can go back to normal when some asshole in a 3rd world country is getting paid the same.... if thats what it takes to get my job back i should just shoot myself now.

[samba1salza1bbbba]

his knowledge is peanuts

he must have done some research.

[Taty4]

The true goal of globalization is to end poverty and raise the standard of living around the world. So that none shall see the horrors that came from WW2. I've hated globalization at times like a little kid that doesn't want to share with their brother or sister.

Credit distorts the true values and the bottoms aren't transparent. The price of big dollar items have went far beyond rate of inflation since the 1950s and upward.

Globalization is sharing

Credit is blackmailing

[DetectingBandito]

Taty4... in the bathroom... open the medicine cabinet... third row down... little brown bottle on the left... your meds... please take them!

We have lost our jobs to the filthy chinks who know the value of nothing and work for pennies an hour in sweatshops. The 10.2 percent unemployment rate will continue to soar until the global economic model finally sees it's death. A global economy simply cannot work.

We need to look out for our own first and foremost... to hell with the filthy chinks!

[EpiDemic117]

beep......beep...beep..beep..b­eeeeeeeeeeep

Holy smokes badman! my racist detector completely flared in the comments section of youtube! Also, Fuck allopathic medicine. Id rather try traditional chinese herbal medicine over that type of shit. What give you the right to talk shit about people who look different? Hasn't your mother ever taught you better or have you learned that bs from your father. Ether way you completely fail in proving a point of racism. Beliefs are different than looks moron.

[TheMercilessEye]

At last...some GOOD news about outsourcing. I have no sympathy whatsoever for these multinationals who thought they could get away with lower costs by shipping jobs to other countries. Before long they'll have upscaled the entire world's wage-expectations...and at that point...let them eat CAKE...

[nowarworld]

The only way to save US economy is stop outsourcing to China and India. We must bring our jobs back. Our citizens need to be productive, not living on credit. Stop outsourcing right now!

[chuchuwii]

How come Americans just like pointing fingers and blaming other countries? The root casue of financial crisis began in America due to those irresponsible citizen spent too much future monies that they could not afford to pay back. Because of globalization, other countries are not immune.

[worthlessdollar1]

If he thinks the jobs are going to move to Pakistan... he's seriosuly mis-guided.

Pakistan is a failed, bankrupt state on the verge of total anarchy. What businessman in his right mind would invest his time, energy and MONEY into a place that could implode at any moment? The IMF will give the Pakistani government a massive loan in the near future. This will buy some time - nothing more. It's like the Titanic, five decks are flooded, the bilge pumps can only buy them some time before...

[alfatourist]

They have gotten their priorities straight.

The sequence should be set straight because the individual ability to buy homes, health, & maintain sound credit, all DEPENDS on high paying employment.

More High paying employment in today's world emanates from high tech jobs & expertise in specialized areas.

[alfatourist]

Our National economic Policy should be more oriented toward high paying, high tech employment than credit & housing market.

Though everything matters because the color of the money is the same, however, the sequence should be set straight.

High paying & high tech jobs should be the top priority of the next administration.

Why have economies of countries like India and China boomed?

It is because they have implemented the correct sequence of money generation.

[plutocratarianism]

Outsourcing and offshoring for dirtpoor wages is wage slavery and your exploiting those in third world countries for your own personal capital gains.

You Guys Save the Most Money and Make the Most Profits from Slavery! True Fact.

Soon the anti-slavery laws will be repealed, and Slavery will be Back!

[cggeek]

They should pass a ristricton BILL on outsourcing. any company outsourcing more the 30% should be fine.

I have no problem with outsourcing, we need a balance! USA,CANADA,AUS and UK employees will suffer!! wake upp ppl and think rational! fuck! lets propose a Bill to Parliament.BALANCE!!!now tell me what would our kids be going to college for? look at it this way. they are outsourcing all our pussy leaving us to jack ourselve off todeath!!

I know my statement is graphic, but so is this matter

[sting24001]

well US needs outsourcing, bcoz Indians and Chinese are just smarter, look at the number of them doing PhDs in US; more than half of total No.

Obama is huge supporter of outsourcing and friend of India, i hope he wins.

[plutocratarianism]

The US needs outsourcing and offshoring because it is a form of Wage Slavery.

Those workers in India and China don't make $40,000/year, It is Wage Slavery, it is exploitation of cheap labor, nothing more than slavery.

[worthlessdollar1]

"Well US needs outsourcing, bcoz Indians and Chinese are just smarter, look at the number of them doing PhDs in US; more than half of total No."

That doesn't mean that the Indians and Chinese are smarter - it means that they are more highly motivated and have a CULTURE of hard-work and achievement.

Unless, you believe that they are somehow naturally superior humans...

In that case, I'd recommend Mein Kampf as a good read. The US needs outsourcing like it needs 4 more years of Bush.

[ragman2008]

there is quantity...but where is the quality?

none of the asian or indian worker filed for more than 2-3 patents, started a company, became an inventor or won the nobel prize

All the phds is for getting a job!

[miguelcarnero]

It is a FACT that asians and indians have higher IQ than Americans..., quality and quantity. They have it. I am actually american.

[ragman2008]

so be it...

but that gets beaten by the fact that it is the "white man" that has driven the 19 and 20th centuries almost completely

[miguelcarnero]

Empires

Egypt = dead,

Rome = dead,

Inca = dead, Greece = dead,

US = can't die?! =S

ALL EMPIRES DIE!

Please respond with actual facts instead of unfounded comments.

[miguelcarnero]

FACTS:

-A US junior high school is being taught the same math a middle school Asian child is.

-America's college dropout rate is 52%.

-Business goal = increase profits and decrease costs. Why pay an american with average IQ $70k/year when a business could pay an indian with high IQ $10K/year.

-US has the second highest corporate taxes in the world.

-The average US citizen speaks only 1 language. China will become pretty soon the largest english speaking country.

[ragman2008]

first of all from your name it looks like you are not even a complete american..you could just be living here

and this feeling about you is being supported by the fact that you are more optimistic in asia rather that *supposedly* your own country, the USA

[ragman2008]

Clearly, the American and the asian education is not equal.....

The education in north america adn europe is less stressful, less quantitative and has less workload than the asian system

Inspite of the drop-outs and very less people going to college, 95-99% of the world's accomplishments have come from these countries

And you fail to see that...and for your sake, this is an OBVIOUS FACT

This is about *facts* and not boasting or any undue pride or ego whatever you wanna call it

[Aayudh008]

"it is the "white man" that has driven the 19 and 20th centuries almost completely"

LOL!! You are NOT even white!!

But yeah I agree Europeans have the greatest contribution to science than any other group.

[ragman2008]

The problem is I am very radical and I don't seem to talk my race

I am happy about who/what I am

I am not a white wannabe

Although I agree that other civilizations had a lot to offer, it is indeed the white man who has driven this earth for quite a few centuries now

Its is disappointing that others don't work and people like you bash me for being a self-hater

Think out of the box

[ragman2008]

And FYI, I never pose myself as a white dude and talk shit

Since I am an American of Indian origin, I take this stand on behalf of the western world

Hope this clears the cloudy mind

[ragman2008]

Finally to shut you up from bashing me

I use have said that the white man has done this, the white man has done that etc etc.... because I am like totally disappointed in the attitudes and approach of any other race than the white race...

Don't trust me?

Look at Asia, Africa and South America and compare these three with Europe and North America..

You'll get the picture

Inspite of the changes occuring in this 21st century, it is unlikely that the east is going to overtake the west!

[Aayudh008]

Oh well, u should research about the economies of Japan, South Korea, Taiwan, Hong Kong and Singapore. These countries are in better shape than majority of European countries. Japan and Korea are even advanced than USA in terms of technology.

[Aayudh008]

i am not 'bashing' u, i am just telling u the truth. You feel inferior and insecure about yourself.

You go to Iranian videos and talk about how Iranians are not white and non-aryans and that sort of BS. You go to the other videos claming how north indians and south indians should split up since south indians are 'inferior'.

Well, this only referents your inferiority complex.

[Aayudh008]

"I am happy about who/what I am

I am not a white wannabe"

I HIGHLY doubt it !!

[ragman2008]

If you look at my youtube account, I've been pretty active because I also use this as a learning platform

I will be studying in International Relations and International issues, Races and Ethnicity issues

So, I am kinda a globetrotter

And fyo for the last time, I am like an anonymous witness and I don't pose myself as a white guy when I post comments

[ragman2008]

I talk about splitting India because inspite of all the propoganda you are fed about India shining...Its clearly not the case!

There is hatred between the castes even for this day and nobody wants to talk to dalits

Can someone atleast see a case of criticism instead of

If you ask me, yes I am pessimistic about India and it needs to prove a lot in a variety of different aspects

[ragman2008]

And where did I say South Indians were inferiors?

Quote me before you pull things off your head

[ragman2008]

I don't choose to go to other videos to bash anyone....and neither have I had any sort of inferiority complex

If you take a look at it, Iranians are not white...and they are the ones with most wannabe white attitude

One dude aslo told me that "Iranians are aryans and look european"

So, I had to hit a nail and be clear on that

[ClarksonsinUSA]

You 2 know each other,or your guessing..

[ragman2008]

And this does not constitute to hating my own race

There is a long way ahead for the east to overtake the west

Its been that all the other races are copying the white man when it comes to 90% of the issues from clothes to food to making cars to thinking approach

What I apply in my comments is a sort of constructive criticism and comments which are very subjective and not generalized

So, you may find many contradictions in me being an Indian American or a white dude

[Aayudh008]

Indians are not smart enough to compete with USA/ Europe.

However, I certainly expect Japan, South Korea, Taiwan and China to be dark horse.

[Tiplu101]

what is this 'I' expect..Most of the so called top class economists (except Peter Schiff..whom the so called economists laughed on) couldn't even predict this ec. depression...You may have said India is not smart enough but plz refrain from saying Indians are not smart enough. Probably you need to get real good data about offshoring to India and how India has moved up the value chain....

[YGRoundNo2]

Maybe you should worry about whether or not YOU are smart enough; for example, smart enough to speak grammatically.

[pjvdixon]

Ha! Well commercial life is more sophisticate than that and many people are already moving all kinds of business activities to Pakistan.

[ryancute22]

NO! it's not safe yet to outsource to middle like pakistan. your customers might mistake ur agent for a terrorist. well, it;s your company your choice.

[bharfarar]

Americans who fought and died to construct and preserve a nation and who have witnessed the "American Dream" being stolen from them---I dare say...violently disagree with you. Outsourcing amounts to the destruction of the American Middle class, and it is now complete. I compare your role to that of a prostitution pimp: those 'within' it claim it to be a "victimless" crime (those with a vested interest), while the rest of society knows full well the destruction it wrecks. Globalism is pure evil.

[pjvdixon]

OK so I am fascinated to know what you think the answer is? All international trade is a form of globalisation. Buying and selling with other nations. This YouTube site is a form of globalisation - you and I are in different nations debating the same issues on a global platform paid for by advertising for global products in a global market. No globalisation means no imports of Chinese goods. It also means no exports of American films, or vehicles, or software, or pharmaceutical products?

[worthlessdollar1]

"No globalisation means no imports of Chinese goods. Also, no exports of American films, or vehicles, or software, or pharmaceutical products."

No globalisation, would mean the end of America's $800 billion trade deficit. The end of the largest transfer of wealth - from West to East - in human history. American films? They are already pirated in China. Vehicles? Made in Japan - GM is bankrupt. Software? Made in South Korea. Drugs? Soon, the Chinese will make them too, CHEAPER. Notice a trend?

[dapoedog]

@pjvdixon I love you man!!!!!!!I AM GUILTY At least someone sees it.I know nothing about this topic but I love you dont take it the wrong way...Hold on WE are with you!!! I do not know what I am talking about this topic HEHE but 1776 proofs that WE THE PEOPLE will fight all the way to the END Lets stop the BS we have come too far to let it all go what (to me at least) really matters Is the future. Are you going to let your future family (EVERYONES)suffer? if you can answer that than much KUDOS

[pjvdixon]

Hmm - I am a UK citizen actually. You sound very angry about outsourcing - I am interested to know if it has affected you or your family personally? It is possible you might feel different if it meant that as a $5 a day person in a country like India you now have a job for a load more dollars a day and can feed your children. What happened to the global village? I travel in over 50 nations and see the global community as one.

[bharfarar]

In the U.S., traitors like you are reviled and considered the enemies of the people. Your treason against U.S. citizens makes lower than a dog.

[pjvdixon]

Do you have any chinese made products in your home? or UK made or French made or Canadian made for that matter? Or fruit or other food products from another country in your kitchen? If so then it seems to me that you are a globalised person yourself and are outsourcing your own purchasing.

[Trollingwithmyhomies]

@pjvdixon If I could find products made in the USA I would buy them =/ unfortunately as a consumer that only has about 800 disposable income a month someone already made a choice FOR ME by having my local retailers only carry stuff made overseas.

[bharfarar]

Any American CEO or executive laying off U.S. employees and outsourcing those jobs overseas to "remain competitive"...is an outright TRAITOR TO AMERICA. He/she should be imprisoned, or worse, for betrayal of America. An ECONOMIC TRAITOR such as this has no morals, ethics, and is betraying the very country that made his company's very existence possible. An OUTSOURCER is worse than a murderer, rapist, or traitor selling nuclear secrets. His greed damages his own soul, and his country.

[seneca67]

Here is a thought: What will happen when you have lost every single customer you have because everyone is unemployed except you and your fellow directors of the board? - and lets not forget that the slave labor populations ca not afford to buy the plastic junk you want to sell for 400x profit. I hope you think about that question while you are sitting safely in your panic rooms waiting for rescue which will never come.

[pjvdixon]

Hmmm... well history shows a different pattern - rapid economic growth which is how the standard of living in most countries for most people has risen over the last 150 years. Patrick Dixon

[seneca67]

Over the past 150 years? I think you most be responding to some other post? Because, I recall people leading productive lives, and actually making things in this country a mere twenty years ago. Those people earned good pay, and as a result of the value we placed on their labor they became the most sought after consumer market in the world. Do you think todays Mcd work force can afford to purchase $400 dollar Ipods? Outsourcing, is why the consumer market is shrinking.

[seneca67]

It is interesting the you picked a time scale of 150 years. In my country 150 years we had no labor standards, and slavery was an institution. Since then slavery was abolished, and standards have reflected an increasing value for fruits of labor. The economy increased with the value of a hard days work. About Fifteen years ago we began to bypass hard won standards of modern society to save a buck, and wonder why the economy is in a major crisis?

[mcsecwe]

show the statistics and how u calculate all those stuffs. Prove to the world it's real.

[pjvdixon]

Have a look at the other videos but if you want detail then enjoy hundreds of pages on my text-based site globalchange dot com

[tman007]

Outsourcing will just move to different areas of the world because there will always be pricing differentials.

[pjvdixon]

True for a long time in some sectors but some of my clients are already having to move operations back to the EU.

[Nkatsikanis]

Fair enough the Chinese have the right to better wages just as much(or more) as us.