Personally I think an externality tax should be applied.
Every dollar saved by skirting quality of work standards via offshoring is taxed at 150%.
Would significantly hasten the manufacturing shift to developing world democracies since in a lot of cases the cost differential is down to the same quality of work being genuinely cheaper in those countries.
Mexico for example is beginning to absorb a lot of auto and cellphone manufacturing jobs, and early reports seem to indicate that aside from the typical corruption one can expect out of Mexico, that these are the same kind of fiscal benefit that comparable jobs used to be to rust belt families in the US.
Personally I think an externality tax should be applied.
Every dollar saved by skirting quality of work standards via offshoring is taxed at 150%.
Would significantly hasten the manufacturing shift to developing world democracies since in a lot of cases the cost differential is down to the same quality of work being genuinely cheaper in those countries.
Mexico for example is beginning to absorb a lot of auto and cellphone manufacturing jobs, and early reports seem to indicate that aside from the typical corruption one can expect out of Mexico, that these are the same kind of fiscal benefit that comparable jobs used to be to rust belt families in the US.