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My professional field is dominated by Indians. Is this good or bad?

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  • #31
    Originally posted by OneFootInTheGrave View Post
    if you face "true" competition from India, ie you provide "only" the same value as they can, you have lost, and better find a new field... but I bet you can provide a lot more so there is hope yet, despite of price disadvantage
    I can't provide more really, at least looking at CVs that are public on LinkedIn.
    Many of these guys have lots and lots of expertise. Perhaps I'd have an edge
    in a company that hired along racial lines, but I would not want to work for such
    a company.

    It's not that I'm complaining... I refused a pretty good offer last week. I'm being
    a bit picky.

    Comment


    • #32
      Originally posted by OneFootInTheGrave View Post
      like accountant, psychologist, lawyer etc... you are a member of a profession...

      I am surprised to hear that they do not exist in India as such though.

      http://en.wikipedia.org/wiki/Profession
      They do not exist here either, in a sense that they would grant one a distinct legal
      status. So I'm not really getting what aneeshm is trying to say.

      Comment


      • #33
        professions for sure exist in Croatia, if you want to be a nurse, you need to get in with "Hrvatska Komora Medicinskih Sestara" and full fill the requirements to be able to join, same for psychology, law, architecture and so on... if anything being a "professional" has more stringent requirements in Croatia than in the west...

        I am not arguing that this in itself is good, as IMO, in that respect Croatia is often too strict... or has too many requirements, some almost ridiculous, but we certainly have professions ; I would be suprised though that none exist in India.

        also, if you cannot provide more, I am not sure who is hiring you and why , if they have an easy and cheaper alternative...

        edit: but in general for remote support work/development, getting hires do what you expect from eastern europe is easier, especially if you need more complex work to be done.
        Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
        GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

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        • #34
          You can be an architect without joining the chamber. Very few professions
          legally require chamber membership... although the number is growing.

          Obligatory chambers are a German thing which we unfortunately imported. All
          they do is stifle competition and raise prices. If there are no such things in
          India, then aneeshm should be happy that it is so.

          Comment


          • #35
            well - I disagree here, they provide a minimum level of competence checked by third party.

            How well this is done, it is another issue, but it is very important that they exist, as otherwise any idiot could pretend to be a "professional" scam people and so on, which happens often otherwise... how about to going to just about any car mechanic, esp in UK ... I like to go to garages there too, except that this is not legally required... so this is a proactive measurement, which is really good for some more important activities than repairing a car... one of the good regulatory measurements that exist.
            Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
            GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

            Comment


            • #36
              Nonono... you completely misunderstood why these things exist. They exist
              solely to create barriers to entry so that competition would not undermine
              prices. This is true even for doctors.

              Every profession tries to prevent competition. This is natural and not a problem
              in itself. What is bad however, is when they manage to lobby the lawmakers
              to enshrine those barriers in law.

              Whenever, and I literally mean whenever, you hear that someone is licensed or
              certified by the government, you can be sure that it's a scheme to take more of
              your money.

              Comment


              • #37
                there are two sides to every story, and this is one of the side effects, but still well worth the value of their contribution.

                Thinking solely on money terms, professionals are a lot of the middle class of modern societies, and they are not pricing themselves out of the reach... it is not in their interest either. In this case such barriers, or "minimum level of competence" checks are good.

                Do you want a 10$ per hour doctor operating your spine? No - I didn't think you'd like that ...

                Or even better, you can have one, but he will not be a member of the profession, which should be telling you something.
                Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
                GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

                Comment


                • #38
                  I can find a good doctor in the market via the reputation mechanism. I don't
                  need the state to guarantee quality. Even today when it supposedly does
                  that, people commonly ask around for which doctors are good, they don't
                  just go to the first random one.

                  Comment


                  • #39
                    Originally posted by VetLegion View Post
                    Whenever, and I literally mean whenever, you hear that someone is licensed or
                    certified by the government, you can be sure that it's a scheme to take more of
                    your money.
                    You're a wise man, VetLegion.
                    I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

                    Comment


                    • #40
                      Licensing adds (on average) something like 10-20% to the price of labor. It's unionization for non-government professionals.
                      12-17-10 Mohamed Bouazizi NEVER FORGET
                      Stadtluft Macht Frei
                      Killing it is the new killing it
                      Ultima Ratio Regum

                      Comment


                      • #41
                        I should start lobbying that we create stringent license requirements for quants. We will grandfather in those who already have jobs, but new entrants wil have to have a PhD from an accredited mathematical finance program. After this, they will enter their 5 year residency program under the direct supervision of an attending quant. Can't be too careful when trying to prevent another financial crisis.
                        12-17-10 Mohamed Bouazizi NEVER FORGET
                        Stadtluft Macht Frei
                        Killing it is the new killing it
                        Ultima Ratio Regum

                        Comment


                        • #42
                          How many years must they first serve in the marines?
                          “As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
                          "Capitalism ho!"

                          Comment


                          • #43
                            Marines are automatically excluded.
                            12-17-10 Mohamed Bouazizi NEVER FORGET
                            Stadtluft Macht Frei
                            Killing it is the new killing it
                            Ultima Ratio Regum

                            Comment


                            • #44
                              Originally posted by KrazyHorse View Post
                              I should start lobbying that we create stringent license requirements for quants. We will grandfather in those who already have jobs, but new entrants wil have to have a PhD from an accredited mathematical finance program. After this, they will enter their 5 year residency program under the direct supervision of an attending quant. Can't be too careful when trying to prevent another financial crisis.
                              Do doctors get away with this in other countries?

                              Comment


                              • #45
                                Originally posted by KrazyHorse View Post
                                Licensing adds (on average) something like 10-20% to the price of labor. It's unionization for non-government professionals.

                                Comment

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