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It's also worth noting though that the rewards reaped for that extremely cheap labor go to a lot of Americans too. Consumer goods and especially electronics are
by FussyZeus 9y ago
It's also worth noting though that the rewards reaped for that extremely cheap labor go to a lot of Americans too. Consumer goods and especially electronics are cheaper now than they've ever been, partially yes because we know how to make them cheaper, but also partially because all that shit comes from Shenzhen and Taiwan.
Same for clothes, housewares, shit really any product you buy at Walmart (which really is pretty much everything you need to survive, minus a few things).
- theandrewbailey 9y agoIt's not a good trade if more people are struggling to get by, and can barely afford those cheap goods. It's not good for others either, since those cheap goods have (more often than not) poorer quality.
- FussyZeus 9y agoI agree that Made in China used to be a great indicator of poor quality, but that being said, it's gotten a lot harder to make that case. Chinese manufacturing is moving forward by leaps and bounds. There's still a language barrier that will come up with anything with an interface that wasn't made in the States, but in terms of actual functions, I own a lot of Shenzhen stuff that works totally fine. And yes I understand for those on the poverty line it doesn't really apply, just saying the buying power of everyone in general has gone up with the introduction of low cost labor. Even that is temporary though, already workers in these areas are demanding better conditions and wages.