XPost: misc.consumers, alt.consumers
From: margawal@rajjihana.in
Jerry wrote in
news:er56vvs5hhiirt7trojj2b7gnqsprpg9ia@4ax.com:
> On Tue, 30 Dec 2003 23:30:28 -0500, Patrick Coghlan
> wrote:
>
>>Most people don't care where things are made so, as soon as one
>>company started moving production to China, everybody got into the act
>>so they could remain competitive.
>>
>
> What do you mean by "remain competitive"? Some company makes a shoe
> and sells it for $80. Their business managers whine that they can't
> "remain competitive" and stay in business, so they move the operation
> to some third world country where they get their shoes made by child
> labor and costs are pennies on the dollar. Then, what do you suppose
> the price of the new imported shoe is? Right, it's still $80! No,
> it's not "remain competitive" but profiteering.
I must agree with you. It's called profiteering indeed - plus GREED.
Profit margins for US corporations boosted at least 20 times for
exploiting the cheap labor in China. Not just shoes but many other items
are in the same price scheme. The bottom line is the consumers DO NOT
benefit from having products made in China. On the contrary, the US
consumers are hurting in many ways. Among them are a real threat of the
domestic economic downfall and having to use inferior quality products
that have the appearance of good ones.
Another clear benefit to the US corporations is that they would not have
to deal with strict environmental laws in China. And this saves them a
bundle. The real cost will be paid by the Chinese people themselves in
the long run. Does any one still remember the Union Carbide "accident"
in Bhopal, India some years ago? Hummm, greed and profiteering resemble
acts of terrorism, don't they?
More on this at: http://www.csrwire.com/article.cgi/2289.html
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