Quote:
Originally Posted by TheOmegaZoid
The way you describe it it sounds like a Chicago economist's paradise. A naturally evolving market, plenty of work and enough cash if you're prepared to work hard. Sadly the reality is a little different. Folks in China work hard and grab as much overtime as possible because they have no other choice, as their salaries are not enough to feed their families and buy a status phone.
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You really have a rather slanted view, that is not based on any real observation, but just on some reports you read on some websites.
In China, the first question of workers applying for a job has always been "do you have overtime"? Over the past 20 years, however, the answer they expect has changed. 20 years ago they were hoping for "yes, we work plenty of overtime", that way more money could be made.
But now we are looking at the generation of the "little emperors". Single children, that were coddled by their parents. Hard work is not on the menu. They would rather have more free time than more money. The $500.- I gave is without overtime.
Forget your Dickensian horror scenarios, not that they don't exist in China at all (some small local companies still ride their employees real hard, probably turning out the $70.- tablets and other ultra-cheap items), but not at big companies working for international brands. Those are under constant scrutiny, they couldn't do that even if they wanted it. Besides, do you really think that a company like Foxconn wouldn't want to hire workers that are motivated, skilled, and work hard? Could the cheapest of the cheap workers even function in such an environment?