Blue collar redefined?
Very interesting note about a possible shift in labor classism by Glen Reynolds at MSN. The point being that with desktop work being shipped out of the country, manual labor could have a sudden increase in value. I think it will happen, and it is an overdue correction on a false notion that formal education being superior to learned skill is an absolute. I do draw a slightly different conclusion then the columnist though, knowing how to prosper in a corporate setting and manual labor skills will become the new virtue.
UPDATE: Check this more pessimistic post by Rick DeMent on jobs flowing out of the country. Personally, while I believe in a free and open market, trade with other countries, and that their is a new globalism, I think the willingness to go for the lowest dollar and send job out of the US- even when there is a shortage of skilled workers here, is irresponsible. One example: I have a friend and former client, who opted to send some design work out of the country to India, it was a much lower cost. With a little trouble and behind deadline it was completed in a good way. I am not offended, because business is business (and art is soooo subjective) but, he just weekend the local and national economy and strengthened India's. I think this should be allowed, but there should be some sort of return or interest to our country when we hire out, and that people should use more discretion in these matters. 30 years or a 100 years ago there would be no question about this, as even the very rich were aware of the poor in our country and would not turn a blind eye to them. Instead of a stockholders approving work transfer overseas, maybe they should consider taking a loss once in a while and putting money into training the poor. While I know some traders and investors would scoff at that remark, some things should be done because they are right, not just because they will make us money. This used to be common sense. Rick is right about "hidden costs" too. My wife just called and is trying to cancel a check that was lost or stolen, and the lady she was talking to was from Pakistan and likely at a call center in India, and could only repeat what her screen prompt said. She ended up going to the bank and talking to the branch manager. You get what you pay for, and we are getting a new bank.