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

How Technology in the Workplace has shaped Outsourcing and Globalization - Essay vitrineivilization 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. credibly because of this striking resemblance amid colonization and latter-day globalization, analysts saw globalization coming as primaeval 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 mint wages, increase class and country inequality, create monopolistic companies with global dimension and create economic disperse in places characterized by social, economic and political instability (Mahdavi, 2004). Marx in his Das Kapital even expressed terror of religious terrorism as a possible reaction to the concept of globalization. These argon exactly the alike social concerns that many are raising to inte rsperse with the chorus of praise for the otherwise welcome benefits of engineering science 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 tidy thing, are there any downsides to the resulting globalization that fostered business outsourcing?The knowledge revolution as we know it traces its root to the family computer that made video games possible. Then in mid-1970s, the electronic principle that made the family computer run was successfully expanded through a gadget that came to be known as personalized computer. The personal computer with its subsequently developed Internet capability was soon hailed as a device that revolutionized information dissemination in a much bigger way than the telephone. Whereas the telephone established connection between only 2 or 3 nodes, the Internet allows simultaneous exchange of information in dig ital form among a limitless number of nodes. The economic impact of the