You gave the worse example to prove that capitalism is failing the world. Export the bad jobs, keep the good ones. And sell the fruits of both work to the poor people with the bad jobs you exported, getting your payroll money back tenfold.
As someone who lives in a manufacturing and assembly developing country, these jobs are actually very good for the local economy. Making Nike shoes 45 hours a week sucks, but it beats making ends meet by cutting grass or making lower quality shoes for less money. After a few decades of this, we can now afford Western luxuries like KFC and buy Factorio instead of pirating it.
It's disadvantageous to the richer countries, though.
Comments
You gave the worse example to prove that capitalism is failing the world. Export the bad jobs, keep the good ones. And sell the fruits of both work to the poor people with the bad jobs you exported, getting your payroll money back tenfold.
As someone who lives in a manufacturing and assembly developing country, these jobs are actually very good for the local economy. Making Nike shoes 45 hours a week sucks, but it beats making ends meet by cutting grass or making lower quality shoes for less money. After a few decades of this, we can now afford Western luxuries like KFC and buy Factorio instead of pirating it.
It's disadvantageous to the richer countries, though.
'Afford western luxuries' is a great euphemism for over-consuming ads and garbage.