Jun 10
Well I could be an ardent defender of human rights and fight for peace on earth and equality of all people, but I still would sound as a lame contender in a beauty contest. Are there actually beauty contests for men? But actually I am quite satisfied that we are not so equal and I do not think I am the only one.
The world as we know it holds on cheap labour. There are a lot of organizations that fight for the equality and quality of live for all humankind. It is very admirable, but at the same time it’s a paradox as most people still use the products manufactured by cheap labour or even in some cases by child labour. It is just as illogical as Greenpeace protesting against extraction of oil at the sea by circling an oil rig with a ship that uses diesel. In my opinion there will always be differences in the world and we all cannot be millionaires and it is OK, although I would not have anything against being a millionaire. The difference in labour costs is what keeps the market interesting and alive. Actually the cheaper the labour costs the greater the benefit to the poorer population as the price of goods remains low and more affordable. Continue reading »
Jun 10
Roughly two centuries ago the Wild West (USA) was the land of infinite possibilities and it offered great opportunity for a smart businessman. Today China can be viewed as the Wild East, a new land of vast riches and potential profits.
China is the fourth largest country in the world, but the number one population wise (1,320,000,000) so by default the potential of labour force is enormous and in time with the right decisions China can become the leader in global market. Although China is ruled by a communist party and its market policy is Central Planned due to some smart decisions by party leaders in the last few years, the GDP of China is steadily increasing. Well in 2009 the increase has been slowed down by the global crisis, but the domestic market decreased the effect of the crisis. In 2009 the inflations is decreasing.
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Jun 07
Although democracy is considered the best government type and every country in the world should strive fore it, for international trade it can be the worst enemy. Many people do not like China, for example, because it is a communist country, Chinese people do not have their freedom and all other ‘’blabla’’, but at the same time many of the worlds biggest enterprises, I mean the ones from the ‘’free’’ world allocate their factories and manufacture their goods in China. And why? Simply because that the labor costs are low and there is no minimal wage. Show me a democratic country with no minimal wage set by the government. Yes we might feel bad for the poor Chinese, but we still wear sneakers and drive cars that are produced there and we do not complain about the price of the items. Continue reading »
