Earlier quoted context omitted.
No, not at all. Like the other article linked by nodata, companies are moving from China to Vietnam because its cheaper. Seems a little greedy.
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.
Workers on Samsung factory site battle police in Vietnam
31–40 of 127 posts
Re: Workers on Samsung factory site battle police in Vietnam
#32Re: Workers on Samsung factory site battle police in Vietnam
#33Earlier 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.
Ah yes, the wonderful world of libertarian thought. Where sweatshops to make cheap shit for rich countries is a win-win.
It has nothing to do with Libertarianism, and everything to do with Economics...
Re: Workers on Samsung factory site battle police in Vietnam
#34Earlier quoted context omitted.
No, not at all. Like the other article linked by nodata, companies are moving from China to Vietnam because its cheaper. Seems a little greedy.
There was a wonderful Greenpeace poster from back in the 80s which had these words: "When the last tree is cut, the last river poisoned, and the last fish dead, we will discover that we can't eat money." It wasn't about workers' rights, but something along those lines seems to fit.
Re: Workers on Samsung factory site battle police in Vietnam
#35Earlier quoted context omitted.
No, not at all. Like the other article linked by nodata, companies are moving from China to Vietnam because its cheaper. Seems a little greedy.
I wonder what happens when they run out of countries to move to.
Re: Workers on Samsung factory site battle police in Vietnam
#36Re: Workers on Samsung factory site battle police in Vietnam
#37Earlier quoted context omitted.
I wonder what happens when they run out of countries to move to.
Africa is the next eldorado for manufacturing. It has already started.
Re: Workers on Samsung factory site battle police in Vietnam
#38Earlier 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
Re: Workers on Samsung factory site battle police in Vietnam
#39Earlier quoted context omitted.
No, not at all. Like the other article linked by nodata, companies are moving from China to Vietnam because its cheaper. Seems a little greedy.
>>>Seems a little greedy. Which actually benefits us as the consumer. Would you prefer a less greedy corporation that goes where the most expensive labor is which then increases the cost of production which then increases the cost of the products you buy from said company? Greed is what keeps prices low, and competition high.
Re: Workers on Samsung factory site battle police in Vietnam
#40Earlier quoted context omitted.
I wonder what happens when they run out of countries to move to.
Africa is the next eldorado for manufacturing. It has already started.