is the use of cheap far east labour clever business or exploitation?

Answer 1

It is not clever at all, it just makes common business sense to employ people at the lowest wages possible. That practice of capitalism is responsible for the power of every nation which harnesses it. But the question is, what is being exploited and by whom? You might initially think that the far eastern employees are being exploited by the "clever businesses," but the reality is that those people have no better opportunities because their own governments refuse them the liberties of capitalism, democracy, and emancipation (to name a few). These people are really being exploited by their own governments, who deny them every opportunity for productivity, infrastructure, and wealth by controlling them, regulating businesses, and neglecting investment in infrastructure and education in favor of lining the pockets of the rulers/leaders. Now if the companies which employed far eastern workers also owned and ruled their countries, that would be exploitation, but until then, it is just business in the face of tremendous government corruption, negligence, and control.

It should also be noted that a comparison of salaries requires an adjustment with respect to the relative costs of living.

Answer 2

Not clever business, but profitable business, which leads onto the exploitation.

Think, if you want to pad your corperate wallet until it bursts at the seems, who are you going to employ, the person who has studied, and qualified, who will demand a higher pay packet, or someone who lives in a 3rd world nation, can barely eat enough to stay alive, and will work 13 hours a day for the equivilent of 1 hours wages of the qualified and educated person.

Let's say that the pay for the job was £5 an hour, this would net you a total profit of £300 for a 5 days week of 12 hours, per year, this is well in excess of £15,000 for the employment of just 1 person, not let's say you're a large company, employing 1,000 people, this would mean that you'd be saving £150,000,000.

Now even though I'm not a company, £150 million in my own personal bank account does sound pretty sweet.

So to summarise, it's selfishly profitable business, that is exploitation.

Answer 3

It's the reason inflation as being kept so low,and consumer goods affordable. Asda recently selling DVD players for £9.97. Are we exploiting far east labour,or helping them to raise their standard of living? I believe the later however unpalatable it is to jobs in the west.

Answer 4

Does an American auto worker deserve to get paid $100,000 per year while a person in China can hardly feed his family and would gladly work for less money.

Actually, the $100,000 could feed a lot more poor people than just one auto worker's family.

Why not start your own company and pay people $75 / hour???

Answer 5

its exploitation and economic treason, because thousands of britains have been left jobless like in the case of caal center workers among many outhers at home, have been sacked so as to exploit cheap labour slaves in their place leaving brits without a personal economy.

Answer 6

Both

But business wouldn't get away with it if we the consumer cared more about the person or child at other end of the world.

It is definetly gread on part of business though.

Answer 7

It seems commercial exploitation equals clever business!

Answer 8

exploitation

Answer 9

Depends which side of the fence your on.

Answer 10

both