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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (47150)3/8/2004 8:46:43 PM
From: MSI  Read Replies (1) | Respond to of 74559
 
How about slavery? Would that motivate you?

I would be pushed with more motivation to be more competitive, simply to avoid being laid off.

My point is: there's a limit to such motivation. In the early US there was indentured servitude. Some of those folks were highly motivated!

China has slave labor, comprised of prisoners picked up for a variety of offenses, including political. The larger question of whether company-store type labor in high-unemployment rural areas where employees earn enough to pay for company housing is indentured servitude is worthy of consideration.

Especially worthy is whether someone like yourself with knowledge of both worlds considers that environment preferrable to the US, to build your self-discipline. I'd love to know why you don't head over there with your accumulated US capital, and get busy !

These are interesting questions, because it's apparent that China cheap labor will continue to accelerate as long as workers are willing to forego anything resembling what we over here call "lifestyle", and various freedoms of choice vs one of the most industrious nations on earth.