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Re: The Limits To Growth



On 25 Nov 1996 06:10:12 GMT, jwas@ix.netcom.com(jw) wrote:

>In <JMC.96Nov17133755@Steam.stanford.edu> jmc@Steam.stanford.edu (John
>McCarthy) writes: 
>>
>>I remember when the ads urging aid to starving children had pictures
>>of South Korean children and when those who had opposed defeating the
>>North Korean conquest complained about South Korean workers being paid
>>$25 per month.  Now labor costs in South Korea are $1500 per month,
>>and a South Korean company built a factory in Hanoi to make TV tubes.
>>In Hanoi the workers make $50 per month and never strike.
>
>Another one invested $2.5 billion in Wales, Great Britain.
>Apparently - so the BBC said -
>some categories of workers are actually less expensive
>in Wales than in S. Korea (also, of course, the European market
>is attractive).
 
Not cheaper: more productive.  During my 12 years in Japan I had 'em
all convinced that we work wonders -- an accomplishment which in
itself demonstrates that we work wonders.  :-) 

 I think I contributed a bit to that particular plant siting during a
two week summer holiday I spent teaching at the Mitsubishi Managment
School on Mt. Fuji in 1973.
 
                                                     -dlj.



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