$100 WAGE IN CHINA. $100 a month wage.
$60 WAGE IN VIETNAM. $60 a month wage.
HOW CAN ANYONE IN COMPETE WITH SUCH WAGES? These wages are publicly known to the world.
It is Not a secret how much workers in china and vietnam are being paid to work in a factory. Both nations farm-based society escaping from state-control.
Price of workers.
Market system is based on Price.
Price is where supply and demand meet.
Price lets the world know where supply and demand meet.
$100 workers in china.
$60 workers in vietnam.
This is a market-price. This market-price lets the world know where supply and demand hang out.
Thus, will all manufacturing be going to china and vietnam. Millions of workers willing to work dirt cheap. This is a price-signal, price-system to the world.
Will all manufacturing be:
MADE IN CHINA
MADE IN VIETNAM
MADE IN ASIA
MADE IN ASIA-PACIFIC
MADE IN INDIA
MADE BY CHEAP WORKERS.
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