I was surprised to hear this.
I mean, RED CHINA?
LOL
Rich gets richer and poor gets poorer?
HEY
That's us!
But China? Communist country where rich must give up its wealth for poor?
What??!?!
I was watching this in CBC news, On the Map (something lol)
It seems from the 90s, the condition of the poor getting better rapidly reduced while rich gets REALLY richer.
it has to do with domestic economy and import/export economy, it seems. Before 90s, China was all about domestic economy (which means there was little export/import). But after 90s, export/import rapidly increased. As a result, the price of product within China increased, however, its wages not following up.
So I began to question myself, "Who is at fault?"
Big corporations of USA basically OwNs China's manufacturing power. Aren't they in charge of wages?
Aren't they doing enough to pay these people?
Last time I checked, factory works gets payed cents per creation of product or 20 cents per hour....
Are WE as consumers at fault?
Or big corporations?
So I thought of my country, South Korea's economy.
I mean, they were capitalistic country, they were much much better than China as in growth (although there were some problems during the first decade or two).
Is our corporations being mean to these Asian people?
Especially Chinese.
Is this because we won the Cold War and our economy has no goal anymore except getting richer and richer?
Or are our corporations forgetting who is the boss of the economy.
Anyways, here is one interview with a owner of rich-only-restaurant, "I think the gap between rich and poor is good thing. I mean, rich makes progress for the poor right? (basically saying poor can't make progress) Rich gives charity for the poor like school or fundings...." (this is very accurate, I assure you).
At this moment, a sudden train of thought went through my mind.
Communist = charity...
....not right
(This restaurant-for-rich is for newly rich or government officials)
I mean, RED CHINA?
LOL
Rich gets richer and poor gets poorer?
HEY
That's us!
But China? Communist country where rich must give up its wealth for poor?
What??!?!
I was watching this in CBC news, On the Map (something lol)
It seems from the 90s, the condition of the poor getting better rapidly reduced while rich gets REALLY richer.
it has to do with domestic economy and import/export economy, it seems. Before 90s, China was all about domestic economy (which means there was little export/import). But after 90s, export/import rapidly increased. As a result, the price of product within China increased, however, its wages not following up.
So I began to question myself, "Who is at fault?"
Big corporations of USA basically OwNs China's manufacturing power. Aren't they in charge of wages?
Aren't they doing enough to pay these people?
Last time I checked, factory works gets payed cents per creation of product or 20 cents per hour....
Are WE as consumers at fault?
Or big corporations?
So I thought of my country, South Korea's economy.
I mean, they were capitalistic country, they were much much better than China as in growth (although there were some problems during the first decade or two).
Is our corporations being mean to these Asian people?
Especially Chinese.
Is this because we won the Cold War and our economy has no goal anymore except getting richer and richer?
Or are our corporations forgetting who is the boss of the economy.
Anyways, here is one interview with a owner of rich-only-restaurant, "I think the gap between rich and poor is good thing. I mean, rich makes progress for the poor right? (basically saying poor can't make progress) Rich gives charity for the poor like school or fundings...." (this is very accurate, I assure you).
At this moment, a sudden train of thought went through my mind.
Communist = charity...
....not right
(This restaurant-for-rich is for newly rich or government officials)