Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
So let me get this straight..as long as we can pay someone in China just enough to where they are not considered as living in extreme poverty, we have done our due diligence in terms of lifting people up? True, the wages in China have been increasing over the past years, and there are record numbers being lifted out of extreme poverty, but anybody will tell you this process has been grossly uneven. Again, we have to look at various specific earnings classes to determine if the spread has been fair. Even the Chinese government has acknowledged their current system is generating a very uneven society.
As for African and other countries, I believe lifting them out of poverty includes empowering them not through low-paying labor-intensive jobs but through living wages, microlending, sustainable energy base, and other meaningful and creative ways. Solving AIDS, hunger, and other problems, albeit extremely necessary, will not help these countries in the long run, because we are not tackling their root-cause.

Mikhail from SF
by Tsarrio (dj_tsar@yahoo.com) on Tue Apr 18th, 2006 at 03:03:10 PM EST
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we have done our due diligence in terms of lifting people up?
What are you saying here?  American and European companies are susposed to go into China, a sovereign nation, and do what as due diligence?  Find out who is going to get the jobs, how much money they are paid?  And then assess if China is lifting their people far enough out of poverty?  How much out of poverty would qualify for you?  And are you the judge of that, or who would it be?  The American company?

There are proven models as to how countries come out of poverty around the world.  I would suggest we follow them, and allow the markets to work--not saying no controls are needed, but what you are describing would slow the progress, and the lifting of living standards around the world to a crawl.  

by wchurchill on Wed Apr 19th, 2006 at 07:49:22 PM EST
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