This type of cheap labor-driven convenience is one of the reasons that make many middle class Chinese convinced that China is a better-run country than most other countries, including the US. The question is how long this could last.https://twitter.com/S_Rabinovitch/status/1168041151992979457 …
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Given that it is based at least in part on ‘severe limitations on workers’ rights’, as Simon points out, it seems inherently unsustainable
Yes, it's inherently unsustainable. Meanwhile, it's been going on for decades...
![Like I’m On Fire [a-zA-Z]](https://pbs.twimg.com/profile_images/1377694937/image_normal.jpg)
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Yes, it has. And I think that oddly unsustainable equilibrium is nearing its end, for a variety of reasons explored in upcoming book ‘The Myth of Chinese Capitalism: The Worker, the Factory, and the Future of the World’ (out March 2020!)
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Can’t wait!
End of conversation
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