I’ve been reading these articles from the excellent Commonwealth magazine.
It makes for pessimistic reading. There is increasing inequality, stagnating living standards and the lowest birth rate in the world. This is a SERIOUS issue for foreigners too, especially for English teachers, many of you may be out of a job in the next few years. You need to think very seriously what your next move is. I’m married to a Taiwanese lady and I despair at the workplace here. Paying up to 15% of her measly paycheck when she was working with no entitlement to social benefits. Salaries in Taiwan haven’t gone up in 10 years and are now 60% of Korea.
Property prices vs income - absolute joke in Taipei (other areas less so but still paying $$$ for hovels and terrible urban conditions)
Tax System - one of the most inequitable in the world
I think a lot of this is from the failure of Taiwanese to stand up for their rights. If you don’t stand up for your rights you get taken advantage of.
Brainwashed broken population with no way out of a crippling education and work system.
http://english.cw.com.tw/article.do?action=show&id=11861 Birth rate lowest in world
http://english.cw.com.tw/article.do?action=show&id=11915&offset=3 Reasons for sky high Taipei cost of property yet terrible urban environment
The thing that makes me angry is that the average Taiwanese are so blase, it’s like they can’t be bothered to even try to improve their situation. Ma is okay but with premiers like this guy Wu, he is straight out of the 1970s, he only seems to represent business interests. Even then it is so short-sighted with no view on how to develop the local economy as a whole (ah hello, world’s lowest birth rate means rapidly disappearing consumers and tax base!). So not only is he corrupt he is actually completely incompetent! The latest thing he is trying to do is attract Taiwanese traditional industry back from China, as if that was possible or even desirable…The only way to do that would be to import slave labourers and operate in free trade zones, the only thing Taiwan would get would be imported pollution.
Is it that they don’t understand things like workers in Korea already earn 40-50% more than the average Taiwanese. That they don’t understand that property prices are so high (in Taipei especially) because the government is in total collusion with developers?