Quote:
Originally Posted by MarketStEl
Noteworthy line at the end of this essay in Britain's leading left-wing newspaper:
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It's a good point. while people over here get all in a huff about alleged "virtual slave wages," they need to remember (aside from the fact that it's much cheaper to live in china and the US did the same to Europe in the 19th c) that prior to capitalist china, millions of people starved. Indeed, horrid conditions in Europe partially fueled cheap labor in the US. sure, conditions weren;t perfect but you could get a job and keep the money. you coudl even own a house and the justice system, while still stacked against you, at least wasn't codified that way. The question is, what has the US done in the past 50 years to make themselves more competitive? the US has stood still while the world has changed. some might think it's arrogance.