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> "None of these can be answered, because these precisely are the questions that can be answered only by the mechanism of a free market." By that logic, we sho
by _pmf_ 12y ago
> "None of these can be answered, because these precisely are the questions that can be answered only by the mechanism of a free market."
By that logic, we should happily accept monopolies, cartels and huge conglomerates.
The notion that the free market is beneficial to society as a whole was a cute idea, but the slave workers of Foxconn are probably not quite in agreement.
- simonh 12y agoThe workers in south china queue round the block for hours to apply for jobs at Foxxcon and other high tech manufacturers. They're some of the best paying manufacturing jobs in the area and are lifting hundreds of thousands of families out of rural poverty.Some become team leaders, get involved in negotiating wages and working conditions, or take classes and move up to secretarial and administrative positions. Many of these workers are women and are returning to the countryside with experience, training and even line workers often have the capital to start their own businesses. As a result it's also leading to a sea change in the position of women in rural society. http://www.cnn.com/2012/09/30/opinion/chang-chinese-factory-workers/ http://www.cnn.com/2012/09/30/opinion/chang-chinese-factory-...