Is offshoring an ethical issue? Compare and contrast the scenario of keeping jobs in the US...

Is offshoring an ethical issue? Compare and contrast the scenario of keeping jobs in the US as opposed to offshoring them.

Expert Solution

Yes it is an ethical issue.

Everybody forgets exactly how many jobs have been imported into America. While GM, Ford and Chrysler cut back, Toyota, Nissan, Fiat, Hyundai, Nintendo, Sony, and other overseas companies add jobs.

According to the Organization for International Investment, the numbers of manufacturing jobs insourced to the United States grew by 82 percent, while the number outsourced overseas grew by only 23 percent. Moreover, these insourced jobs are often higher-paying than those outsourced.

Outsourcing isn't a bad thing. What's bad is bad government policies which fail to help people who lost their job get retrained for a better paying job.

Take away the People's money, and you take away their ability to spend and support a business. Outsourcing good paying jobs and thus lowering the average wage only hurts the people (who are also the consumers) and the businesses they would otherwise be able to support

Bill Gates, Warren Buffet, and other mega wealthy owners / exec's do not do nearly as much to create jobs as do the working class / consumer.
Indeed, a large percentage of Americans are concerned about jobs shifting from the United States to other countries. And they don’t put much stock into whether those jobs stay within a particular company or are contracted to a third party when the ultimate outcome is jobs lost at home. This is why most Americans find debates about outsourcing versus offshoring to be meaningless. To them it is all about the overseas outsourcing of jobs.

ekkarill92 answered 1 year ago

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