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Also what kind of protections do low level employees have in China? If an employee is harmed on the job, does the company have many repercussions? Can employees
by patentatt 5y ago
Also what kind of protections do low level employees have in China? If an employee is harmed on the job, does the company have many repercussions? Can employees organize and negotiate as a group? What about healthcare costs? Or taxes? If the factory owner is in with the local government and/or the party, do they have to pay much in the way of taxes? What about public accountability? Are companies publicly listed and subject to financial disclosure rules? It’s my second and third-hand understanding that all of these factors contribute to an exceedingly low labor cost in China. I think we enjoy cheap stuff at the cost of supporting a pretty dismal situation for many ordinary Chinese.
- berkes 5y agoI cannot evaluate if what you say is true. But it does not really matter when both the European Philips and the Chinese brand Pilhips, or both the Lego Harry Potter™ and "Justice Magician Bricks" are made under the same conditions. Both reap the same "benefits". This unfair advantage would only matter if the European Philips or Lego keeps all its production (of the entire chain) in Europe, which they do not.