General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIs Cyber-era productivity(less jobs) starting to effect China bigtime???
IMO, Their economic model is to bring millions of rural sweat labor into manufacturing centers in order to create an urban upscale middle class.
Works ok until cyber-era automation starts using less and less people labor..
Then what??? Chaos and implosion.
arendt
(5,078 posts)that is, jobs that would be done by old-fashioned automation or new robotics are done BY HAND in Chinese factories, because the labor costs are so low.
Perhaps the next generation of robotics will be fast enough and smart enough to displace Chinese slave labor, but for now, this is not the wall I see China hitting.
Pollution? Yes they have to worry about that right now.
Lack of demand for their crap products? If the idiots screaming "austerity" are allowed to continue strangling our economy, then China won't have any customers. And, since they are as neoliberal as the West, they aren't about to pay to create a real middle class. Instead they will have the Victorian middle class we are heading towards: lawyers, stockbrokers, and professional servants to the rich.
CK_John
(10,005 posts)I'm not sure of their solutions because it is very difficult getting accurate info.
onehandle
(51,122 posts)If that is threatened by too many people vs. resources, I predict that one of the multiple nationalities within the artificial country known as 'China' will be exterminated.
My bet is that the people of Tibet will be processed in a 'final solution' first.
CK_John
(10,005 posts)El_Johns
(1,805 posts)That's the pattern of industrialization; bring the peasants to the cities to work in the factories, then upgrade equipment and lay them off.
CK_John
(10,005 posts)mention of this problem was by Martin Bashir on CNN .
El_Johns
(1,805 posts)It's not some big secret.
CK_John
(10,005 posts)X_Digger
(18,585 posts)Patently transparent.