"Nothing encapsulates the obscene and depraved mindset that drives the corporate elite – and their avid partners in government – than the first two paragraphs of this straightforward New York Times business story:
China is planning to adopt a new law that seeks to crack down on sweatshops and protect workers’ rights by giving labor unions real power for the first time since it introduced market forces in the 1980s.
The move, which underscores the government’s growing concern about the widening income gap and threats of social unrest, is setting off a battle with American and other foreign corporations that have lobbied against it by hinting that they may build fewer factories here.
The move, which underscores the government’s growing concern about the widening income gap and threats of social unrest, is setting off a battle with American and other foreign corporations that have lobbied against it by hinting that they may build fewer factories here.
"Read that again. Let it soak in. The corporate elite are threatening to lash out because China is considering a few very belated and, as the story makes clear, most likely ineffective steps to provide a modicum of protection for its working people, many of whom labor in conditions of near-slavery in order to stuff the bellies and the wallets of foreign fat-cats. The elite are saying – openly, brazenly – that they might choke off economic growth in China if they can't keep paying peon wages to defenseless people in hell-hole conditions.
From Chris Floyd's Empire Burlesque
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