nanog mailing list archives
RE: Cisco moves even more to china.
From: Paul Jakma <paul () clubi ie>
Date: Fri, 24 Sep 2004 14:49:54 +0100 (IST)
On Thu, 23 Sep 2004, Joseph wrote:
Modern capitalism does create a race to the bottom effect for labor which seems to have no end.
This race exists because of imbalances in prosperity in world. The ultimate effect will be to completely level standard of living in the world, which in the greater scheme of things will be a good thing. This level will be far higher than it is now for the vast majority of people in the world. For some unfortunately it will no improvement, possibly even a slight drop.
It's easy for me to say though, I live in a country that has gone from one of Europe's poorest, to one of Europe's richest in barely 20 years, thanks to globalisation and external investment (and EU grants and tax breaks to help attract that external investment).
regards, -- Paul Jakma paul () clubi ie paul () jakma org Key ID: 64A2FF6A Fortune: Kilroe hic erat!
Current thread:
- RE: Cisco moves even more to china., (continued)
- RE: Cisco moves even more to china. Erik Haagsman (Sep 24)
- RE: Cisco moves even more to china. Scott Morris (Sep 24)
- RE: Cisco moves even more to china. Michael . Dillon (Sep 24)
- RE: Cisco moves even more to china. Paul Gilbert (Sep 25)
- Re: Cisco moves even more to china. Curtis Maurand (Sep 24)
- Re: Cisco moves even more to china. Roland Perry (Sep 24)
- Re: Cisco moves even more to china. Michael . Dillon (Sep 24)
- Re: Cisco moves even more to china. Roland Perry (Sep 24)
- RE: Cisco moves even more to china. Vinay Bannai (Sep 24)
- Re: Cisco moves even more to china. Alexei Roudnev (Sep 24)
- RE: Cisco moves even more to china. Paul Jakma (Sep 24)
- Re: Cisco moves even more to china. Nicole (Sep 24)
- Re: Cisco moves even more to china. Stephen Sprunk (Sep 24)
- Re: Cisco moves even more to china. Ricardo "Rick" Gonzalez (Sep 25)
- Re: Cisco moves even more to china. Hani Mustafa (Sep 25)
- Re: Cisco moves even more to china. Alexei Roudnev (Sep 25)
- RE: Cisco moves even more to china. Neil J. McRae (Sep 24)