101–110 of 127 posts
Google Translate: http://translate.google.com/translate?hl=en&sl=vi&tl=en&u=ht... English article from "The Hindu": http://www.thehindu.com/business/Industry/workers-building-s...
The Hindu article mentions 4 injured, but not 8 dead. Is there another source on the 8 dead figure?
"11 people were injured, 5 of them seriously"
http://www.thanhniennews.com/index/pages/20140109-11-injured...
Earlier quoted context omitted.
Ah yes, the wonderful world of libertarian thought. Where sweatshops to make cheap shit for rich countries is a win-win.
Sure, it would be preferable to jump straight from poor farmers to a picket fence and a swimming pool without the in between, do you have a suggested way to do that?
They're attempting to bypass the heavy-industry stage of development, and go straight to being a knowledge/service economy. The jury is still very much out on that effort, but it's certainly worth a shot.
Earlier quoted context omitted.
Purely anecdotal, but a buddy of mine lives in Shenzhen and tells me that Apple's leading the pack in terms of sweatshop conditions. Whether that's completely true, who knows.
Leading the pack in which direction? Improving sweatshop conditions or the factories they use have the worst sweatshop conditions?
Earlier quoted context omitted.
Hundreds of millions of Chinese have been lifted out of poverty because of their manufacturing boom. I don't know whether to laugh or cry at the fact that you're still clinging to the outdated economic beliefs that used to keep the Chinese people poor and starving.
It's a broken world where the solution to poverty is the exploitation of a generation.
Sorry, but things are going well within normal.
Earlier quoted context omitted.
Look at how far China has progressed. It has nothing to do with Libertarianism, and everything to do with Economics...
Surely it must be possible to have economic development in poor countries without sweatshop-level exploitation.
Earlier quoted context omitted.
It's a broken world where the solution to poverty is the exploitation of a generation.
To those who have replied: None of you have disagreed with my statement. It is a broken world. A generation is being exploited. I made no further comment.
Earlier quoted context omitted.
Except it's not. China has reached the stage in economic development that people are moving to higher skilled and higher paying jobs. Infrastructure in Vietnam has improved to the extent that is ready for large manufacturing plants. While companies are saving by moving manufacturing plants, many people (millions) in Vietnam are going to experience higher standard of living. I say it's a win win.
The Philippines would also be a great place for manufacturers to look at.
Earlier quoted context omitted.
Except it's not. China has reached the stage in economic development that people are moving to higher skilled and higher paying jobs. Infrastructure in Vietnam has improved to the extent that is ready for large manufacturing plants. While companies are saving by moving manufacturing plants, many people (millions) in Vietnam are going to experience higher standard of living. I say it's a win win.
> China has reached the stage in economic development that people are moving to higher skilled and higher paying jobs. Yeah... 'caus that worked for Mexico... can China look forward to a descent into drug traficking fueled civil war now?
Earlier quoted context omitted.
> Hell, even Paul Krugman doesn't label the issue as black and white. As if Paul Krugman is the pinnacle of radical thought on the issue? He is a Keynesian -- which I guess counts for something like "far left" in the US.
Not only that, but he's been consistently pro globalization for his entire public career - even his work that lead to a nobel prize was along this issue.
Earlier quoted context omitted.
> many people (millions) in Vietnam are going to experience higher standard of living. Aren't therefore many people (millions) in China going to experience lower standard of living?
The economy is not a zero-sum game. http://en.wikipedia.org/wiki/Lump_of_labour_fallacy