Tuesday, June 20, 2006

Free Trade or Free Labor?

According to the China Labor watch, the average worker in China works 100 hours a week and earns 900 yuan a month, recieves no benefits, job security or a voice in their working conditions. Most are not earning enough to support their families.

How long can this last before the worker stands up and demands a competetive wage? Is this a stable economy in the mid to long term? If China tries to fix it, the foriegn investment will leave for cheaper markets.

In the meantime, Americans are losing thier jobs for what we would consider in our civilized society for near slave labor in China. If the average American realized the working conditions in the Far East, would they really buy goods in Wal*Mart?

You might find this report particularly interesting...

http://www.chinalaborwatch.org/upload/Wal-MartLungcheongReport.pdf

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