In short, yes. I hope the comment didn't come off as too protectionist. I'm not against collaboration or trade in general, but the "savings" companies think they reap from outsourcing to countries with much worse labour practices needs to be remedied somehow. It's a form of externality.
Then there's the whole principal-agent problem and whatever is the equivalent of that for "corporation" (or team) as an entity vs. "corporation" (or team) as people at its helm. Outsourcing could look good financially, but be disastrous long-term because of quality and reliability issues; some decision makers benefit from the short-term outcomes, but many care about long-term too - but then, corporation as an entity sees "shit but profitable" as a long-term gain, so its own incentives are structurally misaligned with that of humans that make it. Etc.