top | item 35983069

(no title)

al_hag | 2 years ago

Aren’t wealth impacts of “technological advances” significantly skewed by a supply chain designed around cheap labor abroad?

discuss

order

nine_k|2 years ago

The thing is that the use of "cheaper labor abroad" makes said labor less and less cheap, because the economies develop where production is very active, and life standards improve. Right now labor on Chinese high-tech factories is already not cheap enough for many Western customers, and they set sights on countries like Vietnam.