javaguru
Banned
and so what happens when Chinese people won't work for peanuts anymore? what happens when chinese industries start luring away workers to make products for chinese and actually pay living wages? so then we move to africa right? exploit the negroes. So what happens when those uppity coloreds decide they won't work for peanuts?
It's a flawed paradigm. The only reason it works is because we print the worlds reserve. Something this video doesn't get into. All those retail and marketing jobs that supposedly wouldn't be around without dirt cheap labor.....well maybe they just shouldn't be around. How does supporting a labor force with another exploited labor force on the other side of the world make rational sense to "this society"? It doesn't, it just makes rational sense for the preservation of corporate margins above all else. It's an unsustainable business model as resources and labor will all eventually be used up in the process. The amount of waste that will likely never be recouped from this kind of economic model is staggering. We're taking shit out of the earth and converting it to "something"...and because we make that "something" to break down quickly so that people have to buy more of that "something", we have mountains of unreclaimable rubbish that was at one point valuable human resource.
This is how humans are working their way right off the planet. We're chewing through resources like they're infinite, and they're not. And once they're gone, or when they just start to become more scarce not fully gone yet....the social upheaval around the world will be biblical. The wars for resources that will ensue will dwarf anything talked about in any religious text. We're already seeing the groundwork for it in Greenland and on the Asian continent with Japan/China and India/China. China keeps damming rivers and cutting off water to India there will be an apocalyptic hindi/slope war.
"Dirt cheap labor" is relative. First, Chinese factory workers are being paid very well. Don't look at what they are paid but look at what they can buy with what they are paid. Ford sells more cars in China than in the United States. For a United States example, making 250k in Toledo Ohio means you are doing very well and probably live in a gated community while looking down on non country club members while in Manhattan that means you're a firefighter and your wife is a teacher. Northern union employees love to bitch about the southern right to work state employers paying their employees peanuts but those southern employees are doing very well in their middle class lifestyle.
Secondly, as far as scarcity of resources are concerned, the experts declared the world reached peak oil around 1890, then the late 1940's, then the late 1960's, then the 1970's and the last I heard it was reached in 2006 even though production is at record levels. Oil isn't unlimited and will run out but technology and the free market always finds a way to provide goods and services that are in demand. I don't give a shit about altruism because that is a fools errand with humanity, self-interest will always find a way.