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2012/04/10

Foxconn Bears The Brunt Of Ivory Tower Assault On Capitalism

-The author @ruslankogan makes really good points!

Why don't we see children working in the West today, or even in developing economies like the Chinese industrial zones? It isn't because of some government decree banning child labour, it's due to economic growth and capitalism. When a family survives on a dollar a day, they have no choice but to make their children work. But, as the economy develops and parents grow richer, they support their children's education – freeing their children from labour, and providing genuine opportunities to the next generation...
 
...We also need to recognize that all countries go through a phase of industrial manufacturing during their development. This happened in England through the industrial revolution, and in the United States in the 19th century. We should not be trying to deprive the Chinese of increasing their prosperity through this significant and mandatory stage of development.
 


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