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Unread 02-01-2006, 02:19 PM   #24 (permalink)
DJ FC
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This is very off topic.

Your favorite word, "exploit," is a little subjective.

I could very easily claim that Americans working in factories are being "exploited," by the owners of income producing assets. Don't you feel just terrible that people go to work in an Automotive factory every day, do physical labor, and recieve a mere fraction of what can be possibly made in a more academic field? You don't feel that this system is unfair. There are jobs worse than working in an American factory. And it's not as if we have slave labor either. People voluntarily work in factories.

All economies follow the same steps to maturation:

1)Hunting and Gathering
2)Farming
3)Industry
4)Service
5)???

We don't know what's next, but what we do know is that it's next to impossible to expect an economy to jump the industrial stage. So Americans work in factories. They don't get paid like CEOs, but they don't deserve to. And you don't complain when you can buy a brand new Honda, Toyota, GMC, Ford, etc. for under $20,000.

Overseas people CHOOSE to work in American factories, because guess what, factory work is actually BETTER than manual labor outside working on crops. Don't get the romantic imagine of a small, independant farm, this is far more advanced than these people.

By having our factories in these countries, we give them the option - not the obligation - to work in an industrial setting (something Americans of the 1800s would have loved to do), and we pull on the demand curve for the market of labor in their nation, thus everybody in the nation's labor suddenly becomes more valuable indirectly.

So, in short, I feel "exploit" is an unfair word, because slave labor does not exist.
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