Tilted Forum Project Discussion Community - View Single Post - Outsourcing Bonanza: Vietnamese Trade Normalization

unlawflcombatnt · 12-13-2006, 07:39 PM

Vietnamese workers are poorer than Chinese workers, and much poorer than Indian workers. They'll add an additional source of ultra-cheap, easily exploitable labor for Corporate America. It'll be just that much more low-wage competition for American workers resulting in further wage declines.

unlawflcombatnt

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The economy needs balance between the "means of production" & "means of consumption."

12-13-2006, 07:39 PM	#3 (permalink)
unlawflcombatnt Upright Location: California	Vietnamese Workers Vietnamese workers are poorer than Chinese workers, and much poorer than Indian workers. They'll add an additional source of ultra-cheap, easily exploitable labor for Corporate America. It'll be just that much more low-wage competition for American workers resulting in further wage declines. unlawflcombatnt Economic Populist Forum EconomicPopulistCommentary _________________ The economy needs balance between the "means of production" & "means of consumption."