why buy "Made in China" ?
#121
Re: why buy "Made in China" ?
I hope no one thinks I should not be invited to dinner for fear that I take home the silverware.
#123
Re: why buy "Made in China" ?
I just ask because C is off to Ingurland tomorrow and is flying BA. Now unfortunately her return date is right in the middle of the strike announced today. C'est la vie. But I may may need your pulled pork soon.
#124
Re: why buy "Made in China" ?
Frozen pulled pork I have by the bucket load. New pulled pork may be a long time coming, that's not worth doing unless you have an army coming over.
#127
Re: why buy "Made in China" ?
The typical case there is that the provision of a computer related service is contracted out to an Indian firm on the basis of a reverse online auction, the cheapest bidder wins. The Indian firms typically don't have expertise in the subject technologies so what they do is to subcontract the very people made redundant by their winning the bid to do the work. The individuals are paid more as subcontractors than they were as employees. The whole thing works because the client is off the hook for the healthcare cost associated with having employees.
#128
Re: why buy "Made in China" ?
Have you seen the film "Outsourced"? It is, in a nutshell, the above. With some romantic fluff and colourful sets thrown in for good measure. A genteel observation of what you describe.
Last edited by dbd33; Mar 13th 2010 at 3:11 pm.
#130
Re: why buy "Made in China" ?
The problem the UK has is that taxes and regulations are so high that few companies wanting to start up in a new area of technology would be mad enough to do it there. If, say, you want to design new GM seeds using stem cell research (yeah, it's a contrived example) or build a new generation of small-scale nuclear reactors, would you set up in England or China?
Edit: for the record I generally try to avoid buying things that are made in China, but that's because so much of it is crap that's not worth even the discounted price. I'm sure that over time much of it will improve, particularly as the West does its best to reduce productivity with taxes and regulation.
Last edited by MarkG; Mar 13th 2010 at 7:23 pm.
#131
Joined: Aug 2005
Posts: 14,227
Re: why buy "Made in China" ?
There's no paradox. If workers in Scotland are no longer productive enough to justify paying them to shell prawns rather than shipping said prawns half way around the wall to pay someone who'll work for less, then either they need to increase productivity or find a more profitable line of work. Countries get rich by doing things that people in other countries want but can't do, not by artificially supporting business which costs more than it would elsewhere... protectionism may make you richer in the short term, but in the long term it's a fast track to poverty.
The problem the UK has is that taxes and regulations are so high that few companies wanting to start up in a new area of technology would be mad enough to do it there. If, say, you want to design new GM seeds using stem cell research (yeah, it's a contrived example) or build a new generation of small-scale nuclear reactors, would you set up in England or China?
Edit: for the record I generally try to avoid buying things that are made in China, but that's because so much of it is crap that's not worth even the discounted price. I'm sure that over time much of it will improve, particularly as the West does its best to reduce productivity with taxes and regulation.
The problem the UK has is that taxes and regulations are so high that few companies wanting to start up in a new area of technology would be mad enough to do it there. If, say, you want to design new GM seeds using stem cell research (yeah, it's a contrived example) or build a new generation of small-scale nuclear reactors, would you set up in England or China?
Edit: for the record I generally try to avoid buying things that are made in China, but that's because so much of it is crap that's not worth even the discounted price. I'm sure that over time much of it will improve, particularly as the West does its best to reduce productivity with taxes and regulation.
The rest though, not sure. If I was setting up a bio-tech company then I would pick the UK over China because this is an area that the UK excels at and there is the expertise and infrastructure there already. You certainly wouldn't pick the US or Canada for your particular example because there are too many religious fruit-cakes.
#132
Re: why buy "Made in China" ?
Have you seen the film "Outsourced"? It is, in a nutshell, the above. With some romantic fluff and colourful sets thrown in for good measure. A genteel observation of what you describe.
#133
Re: why buy "Made in China" ?
And in Britain there are too many 'environmental' and 'animal rights' fruit-cakes. Fear of progress is endemic across the West these days, but Britain seems to be far worse than most... any company wanting to do anything that the media could build up into the next 'GM scare' is doomed.
#134
Joined: Aug 2005
Posts: 14,227
Re: why buy "Made in China" ?
And in Britain there are too many 'environmental' and 'animal rights' fruit-cakes. Fear of progress is endemic across the West these days, but Britain seems to be far worse than most... any company wanting to do anything that the media could build up into the next 'GM scare' is doomed.