SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Asia Forum

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: shadowman who wrote (8083)2/24/1999 2:33:00 PM
From: Stitch  Read Replies (2) of 9980
 
Dennis;

<<I think the argument that the unreasonable exploitation of workers to benefit a few well positioned corporations or owners, such as what is happening in much of the developing world, including parts of Asia (an attempt to be on topic), to the detriment of establishing a healthy consumer (middle) class is not an intelligent blueprint for economic or political stability. This has been said before on this thread.>>

You are right. It has been said before and it was wrong headed then as it still is now IMO. From my perspective, there is a much larger middle class in Asia then in any time in history. Anyone who has traveled here over the last two decades would confirm, I am sure, that Asia has had a transformation. This notion of sweat shops and exploited masses simply doesn't hold water in the greater view. That is not to say that there isn't considerably more room for continued progression towards more of the same, led in part, by "exploitative" corporations and , hopefully, more enlightened governments and fewer crooks. Ask the average worker here if he is eager to go back to the Kempong and raise rice.
Best,
Stitch
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext