Monday, June 10, 2019

How Technology in the Workplace has shaped Outsourcing and Essay - 1

How Technology in the Workplace has shaped Outsourcing and Globalization - Essay object lessonivilization or Christianity, but the real objective, according to Thurow & Lessard (2002), was to exploit the untapped resources of poorer countries so the richer countries can enhance their wealth. Probably because of this striking resemblance between colonization and present(prenominal) globalization, analysts saw globalization coming as early as the mid-19th century. One of them was Karl Marx, who perforce warned of dire consequences It will make the poor poorer because it will bring pass wages, increase class and country inequality, create monopolistic companies with global dimension and create economic collapse in places characterized by social, economic and political imbalance (Mahdavi, 2004). Marx in his Das Kapital even expressed fear of religious terrorism as a possible reaction to the concept of globalization. These are exactly the said(prenominal) social concerns that many ar e raising to intersperse with the chorus of praise for the otherwise welcome benefits of technology as represented in todays world by computers and the Internet. The questions that this paper seeks to satisfy are Has any of Marxs predictions come true? While technology is generally viewed as a safe thing, are there any downsides to the resulting globalization that fostered business outsourcing?The information revolution as we know it traces its roots to the family computer that made video games possible. Then in mid-1970s, the electronic principle that made the family computer work was successfully expanded through a gadget that came to be known as personal computer. The personal computer with its subsequently developed Internet capability was soon hailed as a device that revolutionized information dissemination in a much large way than the telephone. Whereas the telephone established connection between only 2 or 3 nodes, the Internet allows simultaneous exchange of information in digital form among a limitless number of nodes. The economic impact of the

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