In the past few years, outsourcing has been a controversial and hot topic in the business world. Many individuals are in favor of outsourcing due to it's ability to save money when conducting business. For example, outsourcing allows business owners to profit from cheaper labor and/or savings on shipping material. Major corporations, big business owners, shareholders, and U.S. investors all benefit from outsourcing. On the other hand, many individuals are not in favor of outsourcing due to its harmful effects on the economy and job creation in America (Saleem).
Before
taking a further look into the topic of outsourcing, it is important to
understand exactly what "outsourcing" entails. Outsourcing is
essentially sending in-house work to other corporations or companies. It is the
process of acquiring goods or services from an outside company (Miller).
Outsourcing is commonly used in correlation with the saying "sending
American jobs overseas." The ideas of "one world economy" or
"global marketplace" is also concepts that are in direct correlation
with outsourcing, and also in recent years been the framework for American businesses
(Snyder). Outsourcing may have potential benefits, but it also has many
potential consequences such as: transfer costs, security risks, product safety,
ineffective communication, and undetermined cost expectations (Pinto). Overall,
outsourcing is beneficial to big corporations, but is extremely harmful to the
American workforce.
My
lego protestor's sign says "Outsourcing is Killing American Jobs" and
then in the bottom corner it has Chinese symbols that translates into
"Made in China." My sign is meant to symbolize the problems
surrounding the issue of outsourcing. While cheap labor is beneficial to big
corporation's profit and cheap products sold in stores is good for some
American consumers, it is mainly harmful to the overall economy and American
worker. My goal was to bring attention to outsourcing and how it is problematic
to the majority of working Americans. Outsourcing promotes the idea of
"global marketplace," which in turn makes businesses in conflict with
a variety of regulations and laws concerning other countries. Corporations then
gain interest in moving their affairs out of the U.S. (outsourcing) in order to
avoid these laws and regulations (Snyder). My lego protestor's sign is speaking
out against the idea of a "one world economy," and wanting solutions
to America being more self-sufficient within our own country.
In
conclusion, outsourcing has more consequences than benefits, and this growing
issue should be given more attention than it has. In this recent economic
downturn, it is especially important that the issue of outsourcing is mentioned
between our politicians and our media coverage. Creating jobs in American
communities has great importance for our struggling econcomy and not only helps
the local area, but also the government (Saleem). Outsourcing has created a
concerning competition between Americans and millions of people around the
world. Many of these people around the world are willing to work for
substantially low wages, which hurts the opportunities in the American labor
force. This should be a concern not only to the current employed Americans, but
also to the upcoming generation that is about to enter the labor force.
Bibliography
Miller, Brandon. "The Effects of Outsourcing: Does it
Hurt the American Workforce?" September
27, 2009. Accessed October 6, 2013. http://voices.yahoo.com/the-effects- outsourcing-does-hurt-american-4272873.html?cat=3
Pinto, Jim. "Global Outsourcing Has Downsides."
Accessed October 6, 2013. http://www.isa.org/InTechTemplate.cfm?template=ContentManagementContentDisplay.cfm&ContentID=79776
Saleem, Hasan. "How Outsourcing Effects the U.S.
Economy." April 16, 2013. Accessed October 5, 2013. http://www.dirjournal.com/business-journal/how-outsourcing-affects-the-us-economy/
Snyder, Michael. "What is Outsourcing." April 27,
2011. Accessed October 6, 2013. http:// theeconomiccollapseblog.com/archives/what-is-outsourcing.
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