Foxcon, Pegatron and the other manufacturers have installed nets to prevent suicide by jumping. 60+ hours a week and 80% of wages for just room and board? Sounds like the monopolists of 1900 America.
I am against free trade because I am against human slavery.
“Sounds like the monopolists of 1900 America.”
Without going thru that stage, they can’t get from 3rd World culture to modern. Seriously. Pay them $5/hr, 40 hr weeks, etc and you’ll destroy the local economy: prices of goods/services would skyrocket out of reach of most non-Foxcon/Pegatron workers, employers wouldn’t retain a viable profit margin, any laid-off employees would be unable to function having adjusted to high wages but no longer have any viable equivalent opportunities, etc. You _must_ let the local economy grow into its rising economic status, otherwise you create a fragile rich strata based on mundane labor existing over an even more abject base of poverty.
The suicide issue is overblown, being _lower_ than the local norms.
You can’t help others rise without allowing them to compete as competition naturally progresses. Denying them incomes doesn’t help, and neither does centralized regulation. Opposing free trade is opposing capitalism in a world market.