Btt: Do you guys think it would be really impossible to implement western european labour standards in Taiwan? Like Overtime actually counting? Work safety? Or paid holidays? Everytime I talk with my co-workers about it, they say they want all this things but mei ban fa.
I recommend looking up a tiny little thread called Labor reform: not going well.
First, stricter labor laws/mandated salaries do not make your economy grow faster, it does the opposite. This may be counter-intuitive. But a firm cannot close down factories to produce at the most efficient level in the short run. If they canât fire or are forced to pay people a wage thatâs not efficient, thatâs a double whammy because both capital and labor are fixed.
Can you show us these legendary immortal employees who are holding the tiger down?
Because investments are parked in non productive venues, like the mosquito halls that drive the eal estate bubble.
Simply said, like water, the money that does not flow⌠ends up in Switzerland.
No, trtickle down does not work. It accumulates at teh top, causes an imbalance⌠and the whole structure topples over. Then they ask themselves what went wrong, why we have Venezuela, etc.
One country picked capitalism, the other one picked socialism.
Oh boy, who could have thought this would happen? Itâs not like the same thing happens every-single-time, everywhere in the world, regardless of previous governments and foreign interventionâŚ
That is one single place. Germany has the oldest population in the world, Africa is young. Who has a better economy?
By wealth Taiwan is far less inequal than many.
According to them (whether you buy it or not) the only major countries with less wealth inequality are Japan and Australia. America is the most inequal. Despite having one of the highest mean wealth, the median wealth is amongst the lowest amongst rich countries.
Those are just labels. I have seen countries run down by teh right, left, Christian, Muslim, whatever floats their boat to use as a banner. The key is killing teh economy, grabbing teh fattiest bits, teh leans, and whatever crumbs are left and not leaving anything to anyone else.
Whether one excuse is better than teh otehr because of âmoral groundsâ -you are selfisgh if ypu criticize me- well, aintât much of a difference as long as it works for them. Killing off the economy opens up venues for disaster where there were none.
You may argue that they killed the economy by becominmg Comunist. Iâd tell you it was dead already, they are just ripping apart the cadaver. Like a lion holding a gacelle by the neck, even if it is still breathing, you know when itâs got itâs hold, teh gacelle is dinner.
The ole socialism chestnut, just as Icon says, me with my 'humanistic education â or as the Chinese president says 'socialism with Chinese characteristics â itâs all labels.