There are some potential negative consequences to a flat world.
Potential negative consequences include, outsourcing and offshoring which move jobs out of the country. Endangering low skilled jobs of which will be offshored or outsourced. Also, if we as Americans are not inovative and do not change our work force and education we could loose our place as a world economic leadership. Another consequence to the flat world would be the business compitition for cheaper goods creating jobs with less or no benefits. A good example of this is Walmart's employment practices. They have developed the best supply chain, offer low prices and earn a higher profit in part by offering their employees limited benefits and in most cases no health insurance. The last potential negative consequence would be that now every American child/worker is competing with every Chinese, Indian, and Brazilian child/worker for their job.
These potential negative consequences to the flat world would not have been seen if Americans had rolled up their sleeves and educated the young people the correct way. Because of this Americans are starting to see these potential negative consequences of a flat world.
Tuesday, August 7, 2007
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