Re: Markets and employment

From: Damien Broderick (d.broderick@english.unimelb.edu.au)
Date: Sun Dec 23 2001 - 18:38:00 MST


At 02:59 PM 12/23/01 -0800, Patrick Wilken wrote:

>Can someone post some evidence one way or the other to clarify Mike's
>claim that software jobs flowing to India from the USA are caused by
>a distortion of the free market, as opposed to natural market forces?

Such evidence would certainly modify my original somewhat sarcastic comment
on Mike's gripe at being supplanted--due, of course, to market forces--by
programmers in India.

(I was amazed, incidentally, at how long it took everyone to understand
that Olga thought Mike was talking about Native Americans rather than
Indians--and a little disheartened by her original rush-to-judgement
misreading, since it assumed Mike would post a racist comment; he's not
like that.)

>The strong US dollar has certainly benefited the local film
>industries in Australia and New Zealand (and Canada). The fact that
>the Aussie dollar is worth about .50c to the US dollar makes us very
>cost competitive for film production (e.g., The Matrix).

Indeed. As a writer who sells more in the USA than at home, I gain this
terrific, and unfair, advantage myself. In effect, I make twice as much for
a given novel as an American would, and live better anyway. Yum.

>Onward! TANSTAAFL!

Yep, even if it means that Mike and other vulnerable US extropians get
bitten in the ass by the power of the global market.

Damien Broderick



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