3 ms·
Globalization is unfair. The biggest problem is that minimum incomes are different. So that people from one side in the planet can do the same job for less. In
by whazor 10y ago
Globalization is unfair. The biggest problem is that minimum incomes are different. So that people from one side in the planet can do the same job for less. In Europe it is even more crazy, people from country A can work in country B for a lower wage. It is unfair for the people who want to contribute fairly into their own society, they get frustrated and feel like a loser.
- tim333 10y agoWell life is unfair. Globalization has probably made things fairer globally - China for example is far closer in income levels to the west than it was. It does create problems for some groups though including many of the Brexiters.
- nicknamexyz 10y agoHave a look at India, too, where numerous tech-talents are coming from. In my opinion, it is also a matter of Western arrogance. There is a constant preaching about how strong the Western economy is, which might be the current case, but given the preconditions in China and India, I think they might achieve even higher standards than the West. (Look at their new supercomputer.) Globalization will probably result in a greater competition and people will have to struggle more in order to make a living.
- IndianAstronaut 10y agoPeople forget that a worker is also a consumer. An Indian or Chinese worker is now a consumer of goods like Ford cars, Coca Cola, Intel chips, etc.
- nicknamexyz 10y agoI don't think that globalization itself is unfair. Different standards cause it to appear unfair. If the average wage amounts to 800€ in country A, it might feel more satisfactory for a person from A to earn the double or triple income in country B, although that amount might still be below average in country B.
- chillacy 10y agoI'll posit that globalization is the great equalizer in absolute cold-blooded fairness, where a hardworking person across the world can take your job (or vice versa). Protectionism on the other hand creates job security within but reduces absolute fairness. For instance, if a new law came out tomorrow which said "all computer programmers must be over 6 ft tall to be employed", I imagine wages for our tall friends would all increase by a whole lot, but a lot of us would be out of a job despite our skills. Protectionism like that, but instead of a height limit, it's the logo on your passport. Also arbitrary compared to your ability to do the job.
- smsm42 10y agoSo you think it's unfair for people in China to be able to get decent income by providing people in US with cheap goods, because it deprives some of the people in US of opportunity to sell them the same goods by much higher price and pocket the difference? That's some strange definition of "fair".