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Virtuosi Media makes some good points, but there's something worth remembering here -- according to the CIA world factbook, the GNP of Bangladesh is $94.6Bn at the official exchange rate, which is the exchange rate an outsourced worker would hope to get. With a population of about 156m, that's about $600/year GNP/capita, or less than $2 a day. Now, the ...

I live in Bangladesh. Even I think rates as low as $1 or $2 is way too low. I don't work in outsourcing/freelancing sites myself, but I have friends and colleagues who do that (I also write code for a living, but that's a full time job). The going rate for them (for development work, not data entry) is something around $10-$20 or more - which is still quite ...

You bring up some very good points about the moral aspects of outsourcing. However, outsourcing doesn't necessarily mean that you need to ignore those aspects. Consider: You can be flexible with hours. In many cases, it really isn't necessary to have the outsourced workers work the same hours. By having a detailed project description and scope and a few ...

It's ok and very reasonable to quit and start a business in a similar space. If you worked for 10 years in the advertising market, I expect you to start a business in advertising, not switch to hardware engineering :-) There are some pretty clear unethical actions, that you should stay far, far away from. Basically taking any inside knowledge about existing ...

Capitalists are greedy, self-serving, and this serves the common good. If any civilization is to survive, it is the morality of altruism that you have to reject (Ayn Rand). ie: Greed is GOOD. Quoted from Wall Street: The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts ...

What has been evil is not capitalism, but the fact that you have some people choosing to abuse the system for their own good. For example, if everyone has the same information as to the value of a product, then capitalism would show that that the cost will be driven down to the correct level, but, you often have where only a few have all the information, or, ...

From the philanthropic standpoint, outsourcing is not only not evil, it's a way to distribute wealth more evenly. People you hire for IT outsourcing jobs are middle-class in their country and hardly starving. Cost of living is lower as well (their lunch costs $1, yours $5). Most importantly, if they didn't do outsourcing, they'd be doing an even less ...

Since my answer "SCREW CHINA" was so disliked, and eventually removed by the too sensitive community here, i figured i would write a few lines and explain why you should Avoid CHINA, INDIA, and other LOP SIDED COUNTRIES. China's culture, politics, and legal system place no value on IP. The same is very true in India and Pakistan. So, say your company ...

Jack, opening 2 identical questions is uncool, it works against how this discussion platform was designed. Assuming you are not a troll, you seem ... lethargic, sad, possibly depressed. I really think you should have a deep talk with your loved ones, and discuss seeing a psychiatrist. Regarding your question; no, I generally don't see business people cheat ...

The concept of capitalism is not evil just like the concept of communism is not evil -- it's all in the application. What corrupts and turns it evil is the unmediated pursuit of more and more wealth to the detriment of society. Society relies on capitalism to provide the framework in which to function and thrive. My particular startup is providing systems ...

Since you've made up your mind, you should be clear as soon as possible so that everyone can plan for the future. It's not only a mora obligation, it's a business strategy issue. When a co-founder leaves, that will have an impact, so, the sooner the other co-founders know, the better you all can prepare the exit so that the business does not suffer.

Businesses promote the common good simply by making better, cheaper, or faster products and services. Much like individuals however, they need the watchful eye of government and the media to monitor their behavior and prevent them from cutting corners. You also need a fair set of market rules that all companies follow and a just way of resolving disputes. ...

Capitalism rewards hard work and creativity. That's a good thing; it encourages -- well, hard work and creativity. Anyone who works hard and does smart things has a reasonable shot at being able to compete hard enough to enjoy the reward. Said another way, in my world view, the core of capitalism is: "that which increases competition is a good thing." ...

How is your startup measuring success and promoting the common good? Our stated goal is mass prosperity. As we help small businesses everywhere thrive -- both for business owners and for employees -- their families will be better off, their communities will be better off, and society will be better off. And as we do that on a large scale, we will help ...

Another thread I'm waaay too late to. Oh well, for the Archives, here goes: You're all slightly wrong. :-) Capitalism is GOOD and it is good because of FREEDOM. FREEDOM is the critical ingredient, the catalyst, the little thing without which there is nothing. (There are other requirements as well, such as a transparent and consistent rule of law. I'm ...

A few observations: Grunt work like data entry can be done very cheaply such that it is disproportionately cheaper offshore. Educated work has a lower discrepancy if you want to obtain quality work. I think that some of the positive comments on outsourcing come from people who wouldn't know good from not-so-good. (Mediocre is easier to point out.) I have ...

Why would this be evil? Someone can buy some bread with that money and make a living. Would you rather not give them an option to make a living?? Change hats: if you were there and this helped you feed your family would you see it as a good thing or a bad thing? If you can afford award them by paying more if the work is well done. You can both win. My ...

Outsourcing is a business decision. I don't have a big budget and once in a while have to outsource some tasks. I use websites that allow me to post my projects and others to bid on them. Honestly, I do not care where developers come from, India, Russia, US or elsewhere, as long as they can do what I need and withing my budget. In the end it benefits ...

Ridiculous how many glibertarians have parroted Ayn Rand's tripe here. Capitalism is neither inherently good nor evil; it's a machine; and a very dangerous one at that. Those who think greed is always good for society ought only need to think about how much spam, attempts to phish, etc they deal with every day from people motivated by said greed. How on ...