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Edited on Wed Sep-08-04 10:13 PM by Lydia Leftcoast
and with the most economic equality (Japan, South Korea, Taiwan, Singapore, Malaysia) did so not by inviting foreign sweatshops to exploit the population and resources as they pleased, but by insisting on keeping control of their own economies and resources, investing heaviliy in education, technology, and infrastructure; insisting that foreign companies train locals for positions of responsibility, and insisting that foreign companies share their technology.
(Oh, and may I add that they've ignored the recommendations of the IMF and the World Bank.)
The model that today's corporate giants insist on, namely going into a country where the government imposes no restrictions on business (no labor protection laws, no environmental laws, ridiculously low minimum wages, no requirements for anything except bribes to the right officials) has had one of two results:
1) The country just plain stays poor, with a hereditary rich class lording it over the peasants as always (Central America and the Caribbean)
2) Development is extremely uneven, so that yes, large numbers of people become rich or middle class, but even more fall into worse poverty than before (China, India) If you get a chance, see the PBS Wide Angle documentary on what development has meant for China: a new class of millionaires, but poor people losing even the meagre safety net they had under Communism and the construction workers who build the magnificent new buildings being so poor that they are homeless and have to camp out illegally in the buildings they are building, not to mention children who can no longer afford to go to school.
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