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No company should get a tax break for outsourcing jobs. Instead, tax breaks should go to manufacturers who set up shop here at home. Bigger tax breaks should go to high-tech manufacturers who create the jobs of the future

The Indian IT sector, which gets 60 per cent of its export revenue from the US, has come out strongly against US moves to stop outsourcing.

"Meanwhile, America is more productive than ever. And companies like Boeing are realising that even when we can't make things cheaper than China, we can make things better. That's how we're going to compete globally," Obama said. Obama said Boeing's business right now is booming. Last year, orders for commercial aircraft rose by more than 50 per cent.

The present era is said to be an age of globalization. Globalization is a broad term and encompasses varied perspectives. It refers to the global outlook of different nations of the world coming closer and joining hands in terms of economy, education, society and politics. Globalization empowers a view for the entire world as a whole irrespective of the national identity and thus globalization has narrowed the world by bringing people of all nations closer (What is globalization?). Enabling people of one nation to communicate with those of the other nation(s) is the biggest achievement in terms of globalization and development. The culture, trade, business, ethics and conduct of one group in one part of the world can influence others may or may not be of same nation. It is irrespective of the time and space and language bindings as these communications are in terms of trade, social internet forums. The process of globalization is therefore, an amalgamation of interaction and integration among different groups of people, various organizations and governments of different nations. This communication is supported by information technology (What is globalization?). The interaction not only influences people and their welfare in terms of civilization, traditions, political structure, financial growth and affluences but also affects the environment as a whole (What is globalization?).

Covering a wide range of distinct political, economic, and cultural trends, the term “globalization” has quickly become one of the most fashionable buzzwords of contemporary political and academic debate.

The wide-ranging impact of globalization on human existence means that it necessarily touches on many basic philosophical questions. At a minimum, globalization suggests that academic philosophers in the rich countries of the West should pay closer attention to the neglected voices and intellectual traditions of peoples with whom our fate is intertwined in ever more intimate ways

Again, inability to find work means inability to purchase homes, spend money, and profit companies

greater desire to outsource to make things more cheaply so they will be more attractive to consumers.

Further, many argue that giving jobs to workers in less developed countries improves those countries economically and increases trade for US products.

If you look at the tag on your shirt, chances are you would see that it was made in a country other than the one in which you sit right now.

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Globalization is the buzzword of the 21st century. If we live in a globalized world, what does this mean for our economies, our cultures, our work and leisure, even our sense of ourselves? Globalization: The Key Concepts presents an accessible and provocative guide to the way we live now.The causes and the effects of globalization are hotly disputed and the book aims to present the range of arguments in a clear and balanced way. However, arguing that variation is as characteristic of globalization as standardization, the book stresses the necessity for a bottom-up, comparative analysis. Distinguishing between the cultural, political, economic and ecological aspects of globalization, the book highlights the implications of globalization for people's everyday lives.