Saturday, February 7

Jayanthi Iyengar on Wal-Mart in China & India. This leapt out at me:
Both countries were die-hard socialists prior to opening up economically. Yet resistance to everything foreign lingers more strongly in the Indian psyche than that of the Chinese, possibly because of the promotion of swadeshi meaning national self-sufficiency, and swaraj, or self-rule. These have been propounded as powerful and defining goals by national leaders, from Mohandas K Gandhi, the Mahatma, to former prime minister Indira Gandhi.
So, Mao was good for Chinese capitalism in that he made such a complete hash of socialism?

Meanwhile, Peter S. Goodman and Philip P. Pan unequivocally paint Wal-Mart as the bad guy exploiting workers, although they admit that most prospective workers are
still poor enough to willingly move hundreds of miles from home for jobs that would be shunned by anyone with better prospects.
While the Chinese government could certainly do more to ensure safer working conditions, the more government regulation, the higher the cost of labor, and the less jobs for Chinese workers. If they didn't have these jobs, they'd have something even worse, or maybe nothing at all.

No comments: