Why Stuff From China Is So Cheap
jacquesmattheij.com
Why Stuff From China Is So Cheap
1–10 of 175 posts
Re: Why Stuff From China Is So Cheap
#2Free market at its finest.
Re: Why Stuff From China Is So Cheap
#3Low safety standards may contribute to the low price of goods produced in China, but the main reason is that the Chinese government deliberately keeps the value of the yuan low against the dollar.
Re: Why Stuff From China Is So Cheap
#4There's worse. Some time ago they showed someone runned over by a truck in a loading bay. They didn't stop the traffic to help the guy or even drag the body.
It just become a speed bump for the other trucks.
About a solution... Why not force legislation to not ignore imports? Or maybe a occupy Walmart movement.
Re: Why Stuff From China Is So Cheap
#5Wow, the video is quite terrifying. It shows multiple people accidentally electrocuting themselves by stepping on a live wire while carrying a metal manifold. Holy shit is the only real reaction.
China's quality problems in production are nothing new. Pretty certain the coal mining industry there is reckless compared to the worlds standards. It's like what Bill Maher said about the baby they found in the sewage pipe this week, "He's reportedly O.K. and will be back making iPhones soon."
Re: Why Stuff From China Is So Cheap
#6Free market at its finest.
far from it, safety was never much of a concern before they found they could make a truck load of money from selling to the West. Considering their air and related pollution they remind me of some of the former Warsaw pact before they got out from under communist rule. The environment was never a concern, nor the people.
Re: Why Stuff From China Is So Cheap
#7> "In many ways we are complicit, we vote ‘cheap’ every time
> we can (I’m no exception) and if we can externalize the
> problems in such a way that we can pretend they don’t
> exist then we all sleep just fine at night."
Correct, but an extra problem is: i doubt that my extra money will go to those workers when i 'vote expensive'. Most of the time the money just goes into profits for the owners or maybe into an expansion of production. Paying more does not make anything better as long as there's no way to change priorities.
Re: Why Stuff From China Is So Cheap
#8Low safety standards may contribute to the low price of goods produced in China, but the main reason is that the Chinese government deliberately keeps the value of the yuan low against the dollar.
There must be some long term economic repercussion for trying to manipulate the price of your currency?
Re: Why Stuff From China Is So Cheap
#9Is there something wrong with me if even after reading this I'd still rather pay less for things and live in ignorant bliss?
Re: Why Stuff From China Is So Cheap
#10Free market at its finest.
Very true, the fact that unregulated free market will magically increase the well-being of everyone is exemplified in such countries. It could be Russia as well, an African country. Basically any county where there is no _effective_ regulation or control.
Yet I hear often from Ayn Rand loving libertarians about how they hate the FDA for example and how it is better for it not exist etc etc. I always tell them this magical place exists today, jump on the plane to China and enjoy drinking mystery chemicals instead of juice, soda or even tap water.