taanegl@beehaw.org 2 months ago
This, and Bangladesh. All places that rely on wage slavery, child labour and unethical working conditions, because that which is unethical is also very cheap.
You can’t really compete with slavery, because again: it’s very cheap, and the way the Chinese state leads Chinese farmers and villagers into social lock-ins, whereby they legally become stuck in an area where there’s only grueling, deadly, soul crushing and back breaking labour that leads to a life of poverty becomes a problem for the rest of the world if it’s used to manipulate the markets.
I do of course realise this article is about “too big to fail” companies that corner every market, but I also think that the west and the east needs to think about what it means to partake in a race to the bottom where wage slavery is part and parcel of the market. It creates conditions whereby competition involves who can make the most horrible living conditions in the world, and do you really want that?
There are Chinese labourer families who have been trying to “pull themselves up by their bootstraps” for generations now, and it’s all thanks to other nations enabling the Chinese regime - especially the west.