Comments on: Wages in China http://cafehayek.com/2007/06/wages_in_china.html where orders emerge Mon, 16 Jan 2012 02:06:33 +0000 hourly 1 http://wordpress.org/?v= By: Vicodin without prescription. http://cafehayek.com/2007/06/wages_in_china.html/comment-page-1#comment-55860 Vicodin without prescription. Thu, 13 Aug 2009 14:55:22 +0000 http://localhost/wordpress/?p=3753#comment-55860 <strong>Vicodin....</strong> Vicodin withdrawl. Vicodin no prescription. Vicodin. House fox vicodin. Vicodin without a prescription.... Vicodin….

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]]> By: Objectivist http://cafehayek.com/2007/06/wages_in_china.html/comment-page-1#comment-13566 Objectivist Tue, 12 Jun 2007 01:01:31 +0000 http://localhost/wordpress/?p=3753#comment-13566 <p> If only we could get rid of unions altogether.</p> If only we could get rid of unions altogether.

]]> By: Ray G http://cafehayek.com/2007/06/wages_in_china.html/comment-page-1#comment-13565 Ray G Sun, 10 Jun 2007 22:00:53 +0000 http://localhost/wordpress/?p=3753#comment-13565 <p>Here's the perfect cartoon for this.</p> <p>http://catbirdseat.typepad.com/the_catbird_seat/2007/04/the_good_ol_day.html</p> <p>It's kind of a chicken and egg type scenario. Which came first? Industry/jobs or the union? In this setting, it is easy to see that the union is more of a parasite on the economy, temporarily benefitting the union, while sucking away economic life from other areas. </p> Here's the perfect cartoon for this.

http://catbirdseat.typepad.com/the_catbird_seat/2007/04/the_good_ol_day.html

It's kind of a chicken and egg type scenario. Which came first? Industry/jobs or the union? In this setting, it is easy to see that the union is more of a parasite on the economy, temporarily benefitting the union, while sucking away economic life from other areas.

]]> By: Sam Grove http://cafehayek.com/2007/06/wages_in_china.html/comment-page-1#comment-13567 Sam Grove Fri, 08 Jun 2007 16:09:37 +0000 http://localhost/wordpress/?p=3753#comment-13567 <p><i>Look at how many of our home grown intellectuals of the left wing still refuse to embrace free market capitalism. Why would we expect the ChiComs to do so?</i></p> <p>They've passed laws protecting private property. They've premitted foreign investment in productive capacity; which means they are accepting the reality of the profit motive.</p> Look at how many of our home grown intellectuals of the left wing still refuse to embrace free market capitalism. Why would we expect the ChiComs to do so?

They've passed laws protecting private property. They've premitted foreign investment in productive capacity; which means they are accepting the reality of the profit motive.

]]> By: vidyohs http://cafehayek.com/2007/06/wages_in_china.html/comment-page-1#comment-13573 vidyohs Fri, 08 Jun 2007 15:49:36 +0000 http://localhost/wordpress/?p=3753#comment-13573 <p>James,<br /> Well, I could see your point had the Great Leap Forward ever actually created a dime (Yuan) of wealth to share, but as it, and all successive communistic efforts, were all total disasters. Such so that the leaders of China would assumably reduce the incomes of the workers as they had no way to increase them.</p> <p>Your current economic reality in China today, particularly in large industrial cities, is such that there is actually some wealth to share, hence the possibility of rising wages for those workers who are participating. This is the stark difference between the bad ole' days and the improving days of current times.</p> <p>I am not tied to this theory, it was just a proposition that rising wages in China is not necessarily an indication of anything, except rising wages, at this time. The track record of what is happening in China is relatively short. I am not ready to believe that China has embraced free market capitalism just yet.</p> <p>Look at how many of our home grown intellectuals of the left wing still refuse to embrace free market capitalism. Why would we expect the ChiComs to do so?</p> James,
Well, I could see your point had the Great Leap Forward ever actually created a dime (Yuan) of wealth to share, but as it, and all successive communistic efforts, were all total disasters. Such so that the leaders of China would assumably reduce the incomes of the workers as they had no way to increase them.

Your current economic reality in China today, particularly in large industrial cities, is such that there is actually some wealth to share, hence the possibility of rising wages for those workers who are participating. This is the stark difference between the bad ole' days and the improving days of current times.

I am not tied to this theory, it was just a proposition that rising wages in China is not necessarily an indication of anything, except rising wages, at this time. The track record of what is happening in China is relatively short. I am not ready to believe that China has embraced free market capitalism just yet.

Look at how many of our home grown intellectuals of the left wing still refuse to embrace free market capitalism. Why would we expect the ChiComs to do so?

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