Quote:
Originally Posted by rcentros
or by moving his factories to Asia where he can make use of wage slaves — that's greed.
|
A very good example of putting greed to good use; or at least it might be. There are, of course, bad examples of this as well.
Here in the US wages are relatively high and in some Asian countries they were very low so companies shut down plants here and moved them there. American workers were hurt by this but not greatly, at least most of the time. We have an economy that can deal with this.
Asians, on the other hand, were put to work, often for long hours and too little pay, kind of like what happened in the USA a century or two ago. And like us, the workers negotiate and wages go up and the standard of living goes up, which means people want more and local economies improve there and they start looking more and more like us. Most still have a way to go. Some Asian countries are now pretty strong.
I hope you see this before you leave for Texas. And I hope you enjoy your trip. I lived there about 65 years. It's a great place.
Barry