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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ann Corrigan who wrote (42611)12/6/2003 7:37:09 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Chinese workers are avoiding the bad example set by US and European workers. Back in the early 70's Brazil was growing real big. 14% grow in 1973.

The Swedish and German unionists and America's AFL-CIO representatives start visiting the country and bring unionists to visit theirs.

The Brazilian unionists loved what they saw there and wanted the same. Today the working class hero of those days Lula is the president of the country.

China, in the other hand, is not following in the same trap. It single minded pursue hard work d economic grow. Exactly in the footsteps of the US. The Robber Barons exploited cheap immigrant manpower and make the US rich.
After the country got rich a new generation of Americans go to university writes about the past, clean the environment and implement those, you know 'rights for this and rights for that stuff the average John Doe thinks the whole world should do.

China should grow. Once they get rich they could get some students that have never faced hardship, put them in the university to write whatever they want, and the country by then would have enough money to clean the mess. Exactly like the US and Europe have done.

If any guy from the AFL-CIO Metallgeselschat appears in China, let the dogs loose behind them!!! Tell them to F..k Off!! Do not repeat the mistake of Brazil.



To: Ann Corrigan who wrote (42611)12/7/2003 11:31:40 AM
From: macavity  Read Replies (1) | Respond to of 74559
 
Sub-Market Wages.

I believe that every 10 year old has the right to sew Nike trainers should they so wish.

America for centuries was able to call upon workers to provide their services for non-negotiable rates. It was called slavery. After centuries of building railroads, working in agriculture, etc. these savings to the cost of capital on a countries balance sheet do finally add up.

Are the workers being abused.
Provided they have some form of contract that they agree to and this is not reneged upon then I am fine with things.
The example of companies running away before paying their workers is wrong. But if a company wants to pay a worker 1 usd/day and that worker agrees with it, then who am I too complain. If I do not like it then you are right let me exercise my consumers' choice. Personally between paying more to keep an OECD worker in subsidies, and paying the same to pay for a number of workers in Nicaragua, or whereever, I know where my choice lies. Quality and price - it keeps my choices easier.

-macavity