1) I meant global capitalism in the context of shrinking working class. It brings lot of benefits to consumers and creates competitive businesses. But, that competition/cost cutting drives outsourcing and leads to job losses in developed world. In turn, outsourced labor will be replaced by technology once it becomes viable/cheaper, leading to job losses in the outsourced destinations as well. Hence, no winners in working class.
2) If you want to preach globalized capitalism to other countries, you have to support outsourcing in the same spirit. Otherwise, it is a one-sided argument that turns a blind eye when technology (like skype) takes away jobs in the developing world.
BTW, you don't have to be leftist to point out problems in capitalism. Any healthy system needs criticism from within.
2) If you want to preach globalized capitalism to other countries, you have to support outsourcing in the same spirit. Otherwise, it is a one-sided argument that turns a blind eye when technology (like skype) takes away jobs in the developing world.
BTW, you don't have to be leftist to point out problems in capitalism. Any healthy system needs criticism from within.