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Sweatshop - Pure Drama
Political Fray
Raise minimum wage
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<blockquote data-quote="Joe" data-source="post: 1166822" data-attributes="member: 9"><p>There's another issue as well.</p><p></p><p>Economists, business publications & the media like to marvel about China's economic miracle but then rarely mention that it was built on the backs of Chinese workers slaving away 50-70 hours per week below minimum wage.</p><p></p><p>So if a country pays its workers less & has them working longer hours of course they'll be more productive.</p><p></p><p>Ironic too is that the Factory where the iPhones are made, many Chinese workers can't even afford these luxury phones they produce for us.</p><p></p><p>I bet if China had to be on wage parity with Western nations their growth wouldn't be as high as it is today. Not even if that wage was adjusted for price purchasing power.</p></blockquote><p></p>
[QUOTE="Joe, post: 1166822, member: 9"] There's another issue as well. Economists, business publications & the media like to marvel about China's economic miracle but then rarely mention that it was built on the backs of Chinese workers slaving away 50-70 hours per week below minimum wage. So if a country pays its workers less & has them working longer hours of course they'll be more productive. Ironic too is that the Factory where the iPhones are made, many Chinese workers can't even afford these luxury phones they produce for us. I bet if China had to be on wage parity with Western nations their growth wouldn't be as high as it is today. Not even if that wage was adjusted for price purchasing power. [/QUOTE]
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Sweatshop - Pure Drama
Political Fray
Raise minimum wage
