It's political and legal warfare against men who have higher functional than verbal intelligence. "You just have to explain (to a committee staffed by us) why you believe action X is necessary for running your business"
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Is that right? What are the cuts? - lack of suitable healthcare system - ? - ? What prevents a textile industry here besides the cost of labor?
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"Cost of labor" assumes that wages are unrelated to productivity. Either microecon is wrong or higher wage employees are more productive so employee wages should never be a factor for a profit maximizing business.
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Really doubt that. Germany has, if anything, more regulation than US and per capita more manufacturing than China.
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To be fair, even without those regulations, the price of labour in The Sunset Realm would exceed its analogue in The Land Of The Dragon. Why? Culture, climate (rice vs corn as staple diets) and a government which is willing to kill the nonproductive then harvest their kidneys.
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