In Chapter 5 Friedman raises the question "Will free trade benefit America as a whole? It seems that so many jobs are going up for grabs." He answers that yes even though many jobs are being outsourced to India and China this creates more business and in return brings for more jobs. He disbars the lump theory that there is only a certain amount of jobs in this world and that they can get taken up. We live in an expanding world and the bigger the companies get, the more innovative jobs they need.
Friedman says "Those American low-skilled workers doing fungible jobs-jobs that can easily be moved to China- will have a problem."
Idea-based workers do well in this globalization. Based on this, America has and will stay successful for it prides itself on idea-based products.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment