Linked by Thom Holwerda on Mon 19th Mar 2012 08:24 UTC
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RE[4]: Something out of almost nothing
by MOS6510 on Mon 19th Mar 2012 12:12
in reply to "RE[3]: Something out of almost nothing"




Member since:
2009-05-23
Yeah people in poor countries are falling over themselves trying to produce goods for western companies at a cheaper price. I know because I live in a poor country myself. The garment manufacturers here make clothing that they sell to the Nikes and Wranglers of the world for peanuts compared to the retail price that you people in the west pay for them. If you stop buying from the Chinese the jobs will just shift to Vietnam or some other country.
The answer to greater prosperity is not in artificially imposed labour standards but in increased productivity. The real answer is in free movement of labour on a global scale. That should really scare you guys in the west. Imagine millions of Chinese and South Asians moving to the US to get a slice of the good life! By artificially restricting labour mobility you've created all sorts of problems. Your prosperity in built on the backs of the poorest people on the planet.