No it doesnt. Since when do China and India represent the whole Third World? It would be a little off to label China Third World in the first place. India perhaps, but it is certainly not representative of the rest of this group of nations. On the contrary it is an exception. Most poor contries are getting poorer.It may be ironic, but the situation pokes holes into the "free trade is bad for the Third World" theory.
No they arent. A tiny segment of elite Chinese (its a lot of people when the numbers are taken from western engineers, but its tiny when compared with the number of Chinese people there are) are getting good jobs, imported from the West. The vast majority work in terrible conditions for pennies, exploited, making huge profits for Western Corporations.Because of free trade, people living in the Third World are now getting better jobs!
Debatable...Surely you don't think engineering and computing jobs are out "shittiest jobs."![]()
No shit! Which idiot westerner would want to complain when the Chinese are doing all the shitty jobs and we have all the fun, interesting and stimulating jobs.And those are the jobs people are complaining about outsourcing.![]()
The vast, vast majority of Chinese or Indians are NOT earning a good relative wage. The vast, vast majority do not work as outsourced engineers or computer scientists. Most survive on extremely unfair wages and have to endure terrible conditions. Doing exactly what you have said, making sneakers and textiles.The workers in India and China getting those jobs are getting fractions of what their American counterparts used to make, but it is a whole hell of a lot better than making sneakers or farming.
This is simply le'chatelier's principle in action. Things are out of equilibrium, the West has far too much, the rest have far too little. Slowly the system begings to decelerate for the US in favour of the Chinese.
We never really had much doubt about that...And maybe the people who who are "suddenly call[ing] for a rule change when we start losing" really were never interested in free trade by itself to begin with. Maybe, just maybe, they were advocating what is best for their nation - and when what is best for their nation changes, they ask for a "rule change." Maybe I'm not enlightened like JAG's crowd, but I'm for doing what's best for the old US of A before doing what's best for everybody else.![]()
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