An analysis of the failing economics of international technology job markets in "Is Offshore Outsourcing Worth the Loss of Its Jobs?" by Karen Gugliemo in 2007"Tech Target--CIO".
Written in 2008; 1,470 words; 3 sources; MLA; $ 48.95
Paper Summary:
This paper explains that the basis of Gugliemo's article 'Is Offshore Outsourcing Worth the Loss of Its Jobs?' reflects the growing economic disparity that is occurring at the domestic level in the United States and in Canada. The author points out that her research indicates the growing exponential rate of American and Canadian jobs that are being exported over to third world countries have greatly lowered wage rates, threatening the middle class in North America. The paper relates that another factor is the policy making-leverage that America wields over most third world countries supplying technology job markets in the global market. The author underscores that, since many of these jobs are being provided to economically impoverished countries, there is a marked disadvantage not only to the workers being exploited in these countries but also to the workers on the North American continent. This paper includes long quotations.
Table of Contents:
Summary
Discussion
Analysis and Critique
From the Paper:
"In Gugliemo's article, the issue of a vanishing middle class is a dangerous idea for native North American technology workers. When companies continually find that they can outsource jobs without government regulation, the country will find itself in a crisis. While the rich get richer, and the poor get poorer, where does the middle class go? Certainly, they would find themselves in the majority of the poor, which can constitute a real danger of stability in the country. Throughout history when the middle class is a missing link between the rich and the poor, civil strife will most likely ensue."
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