China is short of...
China is suffering...
They are suffering from a shortage of workers, unbelievable as it may seem to the leftists the average wage has actually increased 40% over the past year. Where are now the left with their screams of fair trade and Manchester capitalism?
We see here how market economy actually works to benefit the workers, how the Chinese workers have been getting a better and better economy and future thanks to the world investing in China and expanding the trade. This development would have been impossible if the socialists had gotten their will and limit the free trade to China in demands for "better work situations" for the Chinese. Had they gotten their will China would still be a rural society with scores and scores of poor people without the chance to earn a living.
There are of course still things that need correcting but as of now market economy and Capitalism has taken a country consisting of a billion people away from poverty to prosperity and a chance at a future without starvation.
Strangely enough socialists have opposed this idea of killing poverty by enabling the country to export and thrive themselves, socialists believe that there is a need to regulate and stifle, had they gotten their way China and India would be in tatters by now, luckily the world has stopped listening to these asinine ideas.
With a more prosperous population that can move up the Mazlov ladder we will soon see a liberalisation of the political world as we have seen a liberalisation of the economy. The worlds largest dictatorship will soon be no more, and all that thanks to market economy, Capitalism and not listening to Socialists.
Read more
Business Week
Also the new development with less margins has forced factories to ensure that they re invest profit into manufacturing and energy savings, thus enabling more environmentally friendly processes.
To quote a fellow blogger:
The negative aspects of Globalisation in other words are:
Better wages, better working conditions, higher education and environmental friendly manufacturing...
The horror!
Sincerely
Mr Silence Dogood
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