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It doesn't seem to have worked out too well for the poor so far.
by Porthos9K 7y ago
It doesn't seem to have worked out too well for the poor so far.
- DATACOMMANDER 7y agoReally? I’m not a huge fan of globalization, but it’s hard to deny that it has raised the standard of living for the global poor. Look at China now vs China 40 years ago. They “globalized” by allowing more developed countries to exploit their cheap labor, and they’re much richer now than they were.
- deogeo 7y agoBut they had a very controlled, strategic form of globalization, placing strict limits on foreign corporations. It bears little resemblance to the "open your markets and hope for the best" approach of much of the west.
- Porthos9K 7y agoA 9/9/6 working regime is hardly an improvement for a country that claims to be communist.