60 Minutes the most popular show on CBS, recently ran a segment - Out of India, discussing the outsourcing of jobs to India. Here is an excerpt:
Partha Iyengar, an analyst in India for Gartner, an American research company, says this is probably the best example of globalization.
"Absolutely. We've had globalization in the manufacturing sector with the auto industry, and Japan really emerging as a major auto power. We've had globalization in the low end manufacturing industry with China emerging as a global power," says Iyengar. "But this is the first time in the knowledge industry we have globalization impacting two countries at such a large scale -- India and the U.S."