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a few questions on globalization from an economic illiterate

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Joker
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27 Mar 2012, 5:28 pm

Oodain wrote:
in the whole i agree but there is a marked difference between countries exploited for their cheap labour and countries exploited for their natural wealth.
in the latter case there is usually only short benefits, sometimes with disastrous consequences once the resource runs low or dries out.

there is also the minimum requirement needed for a "workforce" to be exploitable (it irks me to no ennd how we try to justify something where we know we reap a disiproportionate ammount of the value created)


Thats exaclty right Corperations often make billions and expolit latin american countries for their workers and pay them less for doing a job anyone could do.

Corperate business will continue to profit from expoliting people for maniual labor and paying them less money for working for them like Wal Mart does with their workers.



WilliamWDelaney
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27 Mar 2012, 5:42 pm

Oodain wrote:
unfortunately doing this on a global scale requires more coorperation and goodwill than anything we have seen so far, probably more than we ever will see.
There was a time when we waged wars that tended to kill off somewhat frightening proportions of our populace. War, before ideas like Geneva Convention, was brutal and cruel. Firebombing a city full of innocent civilians was strategy, not a war crime. Few people realize that the firebombing of Tokyo killed more people than Little Boy and Fat Man combined. In that time, people scoffed at the idea that we would ever get where we are now.

I think we have made progress. There is simply a long way to go.



blauSamstag
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27 Mar 2012, 6:31 pm

WilliamWDelaney wrote:
Oodain wrote:
unfortunately doing this on a global scale requires more coorperation and goodwill than anything we have seen so far, probably more than we ever will see.
There was a time when we waged wars that tended to kill off somewhat frightening proportions of our populace. War, before ideas like Geneva Convention, was brutal and cruel. Firebombing a city full of innocent civilians was strategy, not a war crime. Few people realize that the firebombing of Tokyo killed more people than Little Boy and Fat Man combined. In that time, people scoffed at the idea that we would ever get where we are now.

I think we have made progress. There is simply a long way to go.


Not to mention dresden.

They say the pavement boiled.



petitesouris
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29 Mar 2012, 8:57 am

TM wrote:
You do have to consider that in quite a few cases the "slave wages" paid at 3rd world factories are often pretty good in comparison with the rest of the country. Take China, they are keeping their currency artificially low as to not mess up their manufacturing dominance at the moment.


This is true, however importing technology, medical products, or other goods essential for living a better and more productive life from the first world will also be more expensive unless these are distributed through foreign aid.



ruveyn
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29 Mar 2012, 10:24 am

TM wrote:

You do have to consider that in quite a few cases the "slave wages" paid at 3rd world factories are often pretty good in comparison with the rest of the country. Take China, they are keeping their currency artificially low as to not mess up their manufacturing dominance at the moment.


No wage earned at a job which is done voluntarily is a "slave wage" be it ever so large or ever so paltry.

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