To: MulhollandDrive who wrote (7989 ) 4/13/2006 3:17:29 PM From: ahhaha Read Replies (1) | Respond to of 24758 well perhaps i did not elucidate sufficiently but my greater point is that without property rights, those 'sweat shop' workers have absolutely no motivation or aspiration to move beyond simple 'wages' because true ownership is precluded by the state How about survival? Too alien of a concept for an individual wearing the empror's new clothes? Or is it too fat from borrowing from Peter to pay Paul? it seems pretty simple to me...by definition, communist china cannot be a true capitalist society without real human and property rights reform... By definition you're nation is going broke while China is getting wealthier. I'd say that the the ipso facto truth of it lies in the results!for now they are just the cheapest sub contract bidder for manufacturing.... Showing how little you know about China? what happens when they are undercut by say, africa? or even the ME (once they lose their commodity edge with oil) Africa? How about Coxie's Army? ME? They believe in Islam.without property rights, it is truly a 'race to the bottom' Why are you scrambling for the money? Racing for the bottom?and as an entrepreneur who employs, i must disagree with 'labor at the cheapest possible price' meme as 'capitalistic' You're operating against little competition. Things are fat in fantasy land.labor does not dictate what drives the capitalist... GM's unions are monopolies and they're in full control, not Rick Wagoner.as a capitalist, i could not care less whether my labor is 'cheap' or not. Spoken like a true deluded closet socialist doing business in Fairlyland. You could care less whether your labor is cheap or not? This was the attitude of most American coporations when the ROW was socialist... what i care about is productivity and profit... !!! Better go back to Econ 1 and fgure out what profit is. Only in America could you run an operation that has no concern for cost of labor.cheap labor is by far no guarantee of that, in fact in this environment, it is the opposite Ridiculous nonsense. I'm getting tired of this persistent bullshit. obviously 'cheap' is in the eye of the capitalist beholder....what i look for is *value*....and i reward accordingly It's all about rewards and punishments, huh? You wouldn't last 10 minutes in the construction industry, or any other industry whetre you can't just play at production. Maybe you'd like to explain how GM is going broke. You seemed to glibly elide over that point of mine earlier. GM looks for *value* and rewards it with non-competitive compensation. That's what you do too, and like GM, you've been able to get away with it, but the dies irae is coming that won't tolerate your largesse of fat.i can hire people all day long who are 'cheap' but will wreck my equipment, alienate my customers, and do nothing to engender growth.... How would you know?but yippee! i can pay minimum wage with no bene's Better learn to pay below minimum.