Outsourcing Web Design,Web Development, Video Scribing has been added as a related post - related requested by chicchorea on that post.

Outsourcing Web Design,Web Development, Video Scribing has been added as a related post - related requested by chicchorea.

*related=http://videosift.com/video/Outsourcing-Web-Design-Web-Development-Video-Scribing

*related=http://videosift.com/video/Outsourcing-Web-Design-Web-Development-Video-Scribing

Outsourcing Web Design,Web Development, Video Scribing has been added as a related post - related requested by chicchorea.

*related=http://videosift.com/video/Outsourcing-Web-Design-Web-Development-Video-Scribing

Outsourcing Web Design,Web Development, Video Scribing has been added as a related post - related requested by chicchorea.

*related=http://videosift.com/video/Outsourcing-Web-Design-Web-Development-Video-Scribing

Outsourcing Web Design,Web Development, Video Scribing has been added as a related post - related requested by chicchorea.

@gorillaman

The market dictates prices and the capacity to consume the current amount that we do. With more people affluent and more demand, the price of items will go up based on levels of scarcity. With less countries to outsource lower paid labour to, prices on the supply side will also rise.

Whatever we have will be shared based on wealth. It's the interests of fairly sharing resources that as many people as possible rise from poverty to match rich/middle income countries.

I don't know about his predictions, I was sourcing the data on the relation between birth rate and poverty.

Your range seems arbitrary and not supported by any data. Massively restricting population growth, if it were even possible in anything but a dictatorial state would create the same problems China will have in the coming years as I listed. If we let it plateau, as it's expected to, I don't see how the harm (of having to share more), outweighs the obvious problems of a large elderly/young imbalance.

The December update highlighted an issue that has been driving me insane for years now, an issue that makes me want to punch my fellow citizens right in the kisser for not looking beyond the facade.

His illustration of the price you pay for a t-shirt can be applied, without alteration, to our energy sector in Germany. The old, centralised infrastructure, primarily coal/gas/nuclear power plants, were subsidized heavily over the years, both directly through interest-free public loans and the privatisation of the energy grid as well as through indirect means, such as tax/insurance exemptions, R&D financing. Hell, the clean-up at Sellafield in the UK alone is expected to cost just shy of £100B. All this outsourcing of costs made it possible to keep the price of energy comparably cheap.

Meanwhile, all the subsidies for renewable energy are added on top of the energy price for consumers. No smoke screens, no outsourcing, no legacy costs. You get the price tag on your energy bill. A decent level of transparency, at last. But now people get pissed at the high prices of energy and demand a stop to the renewable energy program, which ironically pushed prices to a record low on the energy exchange. On-shore wind and solar are now cheaper than heavily subsidized coal and gas. My home town in the middle of nowhere generates wind power at 0.08€ per kwh, all year long, with minimal operating costs. Even solar works splendidly, despite the abysmal central European weather.

I think I might just try his Walmart explanation on some people, it's much easier to understand.

So cheers again for pointing out this wonderful series of lectures.

You can print more money and hand it out to influence purchases also, but it is going to lead to dramatic inflation.

I had my wife watch this video, because she makes around 18 dollars an hour working in a skilled profession for a college. Her first comment was, "If they raise food workers to 15 dollars an hour, I'm going back to work at Dairy Queen because it was much easier than what I do now."

But that is where the slippery slope comes in, because the corporation is going to make that money back somewhere and it isn't going to be just 15 cents more per item. Why, you ask? Because the minimum wage rise means that skilled workers, like my wife, are going to expect a commensurate raise in their salary or they will look for easier jobs. You don't just raise the minimum wage without ALL wages eventually rising. But that's a good thing, you say, just like printing money and handing it out for free would be good.

It might take a year or two, but consumer costs will rise from inflation to make the new minimum wage just as low in buying power as it is now. Then we can repeat the entire process all over again in a couple of years. Corporations are designed to make the absolute maximum profit they can, so forcing them to pay more to employees is going to make them charge more for goods and services. As I said earlier, it will eat up the exact purpose of the raise, customer purchasing power.

Now, let's say that I am wrong completely. The one thing I DO know, having went through this before in 1996 when the minimum wage went up, is that companies will begin outsourcing even more. If you force them to pay wages above what they want to pay or what the market will bear, they will open factories and call centers overseas. I worked for Dell at the time and in 3 years, half of their support was outsourced to India. It wasn't just them, multiple companies did it, and the evidence points to rising costs due to government interference in the free market system.

I feel for the people who make minimum wage; I made it as well from the time I was 16 until I was 22. It sucked and I had a lot of debt, but after that time I no longer worked minimum wage. If you continue to work a minimum wage job into your 30's and up, there is something wrong with you.

I want to see Superman controlled by Lex Luthar and Brainiac to do the bidding of a now corrupt USA, and then to finally grow a pair and team up with Bruce Wayne's superhero revolution after he sacrifices his wealth to go underground.

In my mind this is the most relevant tale of these 2 super heroes. Especially when our leaders are all Lex Luthars outsourcing to Brainiacs. Superman would not fight for the American way because the American way is dead.

There would be a new way. And justice would no longer be based on income.

If shipping companies such as Maersk were required to uphold proper standards for the deconstruction/decommissioning of cargo vessels they own, they'd outsource it and charter ships from third parties who, in return, cannot be held accountable.

You can see it already in the cases of the Maersk Vancouver, the Maersk Valletta and the Maersk Vigo. Those three were chartered by Maersk, and when the contract ran out while they were still at sea, the ship-owner bounced. Poor fuckers aboard were left to their own devices.