DEFLATION may be coming... - Page 5 - New England Patriots Forums

MrBigglesWorth · 11-08-2008, 10:09 AM

Quote:

Originally Posted by reflexblue

One of the problems with is to me is country's such as China and Korea that aren't "welfare" states (that is don't have unemployment health care etc.) for there employe's and can manufacture goods at such a low price that countries in the West can't compete. This is and increadible advantage as far as manufacturing cost goes. We in the west can't come close to as far as the price per unite wheather its a car,computer,or a tv.

What ever happened i'm not changing it. I've never seen a post come out like this but it does get to the part of the post i wanted to comment on.

it's called slave labor, and we can't compete with that.

***reflexblue*** · 11-08-2008, 10:41 AM

Quote:

Originally Posted by MrBigglesWorth

it's called slave labor, and we can't compete with that.

Maybe in china and even there its no longer really slave labor. We just can't compete with countries that don't have the over head of giving their workers benefits. Neither can any truly developed country that has any kind of infrastructure to care for their workers.

PatriotsReign · 11-08-2008, 11:20 AM

Quote:

Originally Posted by reflexblue

Maybe in china and even there its no longer really slave labor. We just can't compete with countries that don't have the over head of giving their workers benefits. Neither can any truly developed country that has any kind of infrastructure to care for their workers.

Excellent point Flex! When you think about it, I believe the US has the highest cost of living in the world so our companies have to pay the highest wages. Labor is always the majority of the cost of producing goods, so we truly are at a competitive disadvantage as you say.

The thing that could re-set the disparity in wages and prices in America would be worldwide Deflation where the cost of living imbalance suddenly become more balanced. Of course, that would involve DECLINING wages here in the US, but if housing and everything else came down proportionately, then we may not mind seeing our wages decline by 30-40% as long as we could maintain our standard of living.

Eventually, world wages will have to come into more balance anyway.

MrBigglesWorth · 11-08-2008, 11:33 AM

In the end if you have no worker rights or limited worker rights what is the difference between forced slave labor and forced labor???

it's semantics. if i am forced to work 18 hrs a day and i if say i no to only be fired then what's the difference?

Quote:

Slave Labor in China Sparks Outrage - TIME

Slave Labor in China Sparks Outrage
By Simon Elegant/Beijing Wednesday, Jun. 20, 2007
china slaves
Rural workers rescued from an illegal brickyard at the village of Linfen, in northeast China.

The furor in China surrounding the discovery that children and the mentally handicapped had been kidnapped and sold into slavery is showing no sign of abating. It seems increasingly likely that the controversy will mark a significant milestone in the evolution of the country's civil society. Police said they had rescued more than 500 people from forced labor in brick kilns, where they were worked 18 hours a day and beaten if they tried to escape. Some 30 arrests have been made and more are expected following a massive police rescue operation involving 35,000 officers checking 7,500 work places.

Quote:

http://www.nytimes.com/2007/06/23/wo...in&oref=slogin

China Tries to Contain Scandal Over Slave Labor With Arrests and Apology

By DAVID LAGUE
Published: June 23, 2007

BEIJING, June 22 — Chinese authorities moved to contain a widening slave labor scandal with an apology from a provincial governor for abuses that have shocked the country, and the arrest of two labor officials, state news media said Friday.

Yu Youjun, the governor of Shanxi Province in northern central China, took responsibility for the failure to protect hundreds of farmers, migrant workers and children forced to work without pay in brick kilns and other businesses, the official Xinhua News Agency said.

SANTA'S WORKSHOP - Inside China's SLAVE labor toy factories

Quote:

Human Rights Watch - Labor Rights - China - Business - Beijing Olympics 2008

China’s national laws prohibit workers from organizing independent unions, and do not explicitly protect the right to strike. Only one organization, the All China Federation of Trade Unions (ACFTU), can legally represent workers, and its local offices are controlled by local authorities and Communist Party committees.

Many workers also lack minimal health and safety protections and adequate wages. Many are compelled to work long hours. Some contract workers may not even be paid by factories for the work they have done.

Because they lack the right to organize independently, Chinese workers also lack effective ways to resolve these problems in the workplace. Many workers who have organized protests and demonstrations to improve conditions or demand compensation for injuries in the workplace, as well as those who have demanded unpaid wages and unpaid pensions and severance pay, have faced severe state repression. The ACFTU has never spoken out against the laws and regulations routinely used to justify imprisoning independent labor activists.