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Response to doc03 (Reply #28)

Sun Jan 12, 2014, 10:54 PM

31. Nothing to disagree with there.

 

Last edited Sun Jan 12, 2014, 11:39 PM - Edit history (1)

But I think it's important to note that a lot of the capital in China is foreign, and that capitalists in the developed world are investing abroad because it's more profitable to create modern facilities that will be used by a non-union, cheap labor workforce.

Thus the rust belt, thus the 'inner-city" ghettos (which actually used to be sites of industrial activity) -- it's all about capitalist abandoning high-wage areas for new fields of cheap labor investment -- and leaving behind destruction in their wake.

The only thing different is after fleeing the old industrial cities for the Midwest or South, they moved abroad.

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marmar Jan 2014 OP
jsr Jan 2014 #1
Baitball Blogger Jan 2014 #7
Enthusiast Jan 2014 #17
abelenkpe Jan 2014 #2
R. Daneel Olivaw Jan 2014 #11
X_Digger Jan 2014 #3
L0oniX Jan 2014 #23
Fumesucker Jan 2014 #4
democratisphere Jan 2014 #5
Barack_America Jan 2014 #6
doc03 Jan 2014 #8
El_Johns Jan 2014 #13
doc03 Jan 2014 #25
El_Johns Jan 2014 #26
doc03 Jan 2014 #28
LineLineLineLineLineLineNew Reply Nothing to disagree with there.
El_Johns Jan 2014 #31
L0oniX Jan 2014 #24
Nye Bevan Jan 2014 #9
TheKentuckian Jan 2014 #20
indie9197 Jan 2014 #10
solarhydrocan Jan 2014 #12
TL_dem68 Jan 2014 #21
flamingdem Jan 2014 #14
octoberlib Jan 2014 #15
Luminous Animal Jan 2014 #16
Enthusiast Jan 2014 #18
Name removed Jan 2014 #19
L0oniX Jan 2014 #22
IDemo Jan 2014 #27
El_Johns Jan 2014 #29
treestar Jan 2014 #30
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