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Aren’t wealth impacts of “technological advances” significantly skewed by a supply chain designed around cheap labor abroad?
by al_hag 3y ago
Aren’t wealth impacts of “technological advances” significantly skewed by a supply chain designed around cheap labor abroad?
- nine_k 3y agoThe thing is that the use of "cheaper labor abroad" makes said labor less and less cheap, because the economies develop where production is very active, and life standards improve. Right now labor on Chinese high-tech factories is already not cheap enough for many Western customers, and they set sights on countries like Vietnam.