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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Replying to @LiYuan6
Given that it is based at least in part on ‘severe limitations on workers’ rights’, as Simon points out, it seems inherently unsustainable
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Replying to @dtiffroberts
Yes, it's inherently unsustainable. Meanwhile, it's been going on for decades...
2 replies 0 retweets 2 likes -
Replying to @LiYuan6
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!)
1 reply 0 retweets 3 likes
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