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> What about reductions in global shipping costs and opportunity for smaller businesses to serve a much larger market? These smaller businesses are the „top 1%
by lazyjones 8y ago
> What about reductions in global shipping costs and opportunity for smaller businesses to serve a much larger market?
These smaller businesses are the „top 1%“. And the reductions in shipping costs have had a huge negative impact on the environment (i.e. all of us) and actual small local producers.
In these developing countries you mention, it‘s also the „1%“ who benefited. The rest are working in cobalt mines etc. ...
- SamReidHughes 8y agoWhich countries are you talking about, and how has their median income changed over the past two decades?