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Strategies & Market Trends : India Stocks

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To: Cary Salsberg who wrote (411)3/15/2004 12:45:13 PM
From: slacker711   of 2517
 
They are paid below what a US citizen would be paid and they would earn even less in other domestic jobs.

It would be equally logical to say that US citizens are simply overpaid for the services that they are providing.

Do you really think that Indian software programmers are "exploited"? JMO, but I think the word loses all of its meaning if you decide to apply it to a group of people that are fabulously rich and not working some sort of back-breaking or dangerous job.

Maybe, because capitalism isn't working very well in India.

Prior to '91, I dont think that capitalism would have been a very good desciption of India's economy. I dont see it as a coincidence that the last decade has brought about a huge amount of growth just as India began to move away from its heavily regulated past.

Slacker
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