Do you think that it is progressive thinking to do business with a communist country?

Question

China has shown rapid economic growth in the race to find economic wealth and status but when people do business with China, who really wins?

Answer 1

China, and the top 3% of Americans who own vast shares in the companys that do Business there.

American Capitalism is the ultimate Ponzi scheme. For each of the four remaining Walton heirs to enjoy their billions, millions of human beings have to suffer abysmal poverty. Certainly, there are the occasional members of the Proletariat who infiltrate the exclusive world of the Bourgeoise, but they are so few and far between that they pose little threat to the dominance of the filthy rich resting at the pinnacle of the pyramid. Besides, thanks to Bush's tax cuts for the wealthy and the inevitable repeal of the inheritance tax, America's wealthy elite will be further insulated from threats to their virtual monopoly on excessive wealth.

As a member of the working class, I am weighing in against the status quo multi-level marketing scheme. Arguing that American workers are overpaid, corporate elites have slashed pay, health benefits, and pensions. They contend that to stay competitive in the new "global economy", they need to cut labor costs. Working people are to sacrifice with a smile since it is in their best interest to enable their masters to stay in business. Throughout the 80's and 90's, massive layoffs pushed millions of middle class blue collar workers into service sector jobs which cut their incomes in half. According to Louis Uchitelle of the New York Times, 30 million Americans were laid off between 1984 and 2004.

Starting in 2000, Silicon Valley and the telecom companies began a trend of massive white collar layoffs. Other industries have followed suit. In short, "overpaid" front line American workers have become highly expendable.

Corporate America doesn't care what color your collar is. Human beings are commodities to them, and if an employee's existence is too costly, they eliminate them. Illegally firing employees who try to unionize, hiring temps to replace full-time employees (to eliminate paying those damn benefits), replacing seasoned employees with fresh college grads, and "off shoring" American jobs to exploit cheap labor in other nations exemplify the new paradigm in American business. While corporate profits soar at an annual clip of 30%, employee wages crawl upward at an average of 2%. Meanwhile, CEO's earn an average of over 400 times that of their employees.

While American workers struggle, multinational corporations, which are often guided by American executives and extremely wealthy share-holders, have introduced human beings in developing nations to the profound misery of Dickensonian Capitalism. When laws in the United States began making it prohibitive for the Social Darwinists to exploit employees and the environment to the extent that it engorged their bank accounts, they began moving their operations to countries which did not have these "harsh constraints".

Answer 2

In a business transactions, both companies usually get what they want. That's the nature of free trade.

As a side matter, China is socialist, not communist.

But basically, it's a business decisions -- it has nothing to do with politics unless the govt tries to regulate who is allowed to do business with whom.

Answer 3

The people doing business, generally. Trade is generally positive for both parties. China gets foreign investment and a hard-currency trade surplus; the businesses get lower cost products or labor.

Losers in the transaction might be Chinese workers who are being exploited or consumers who recieve dangerously defective products.

Answer 4

I think everyone. Exposing people to capitalism is one of the many reasons for the fall of communist Russia. People need to be eased into democracy and capitalism. Cuba would probably be free by now if we opened up trade.

Answer 5

When two parties complete a transaction, they each win, or they wouldn't enter into the transaction.

Answer 6

No problem... I don't see your point here. If they don't mind trading with a capitalist why should we mind trading with a communist? Different strokes for different folks.

Answer 7

everyone. We get cheap goods and they get economic growth.