Cheap Labour in
China.
As I am Australian, and using a Queensland IP address, the
RACQ car insurance company saw fit to educate me on the fact that they were ‘Queensland’s
largest club’ during their advertisement. On the other hand, Mitsubishi being a
Japanese-founded car manufacturing company mentioned nothing about their background,
instead filming their advertisement in a setting which looked very western. By
displaying their advertisement like this they pull attention away from the much
less romantic truth that these cars are mass produced in factories by means of
cheap labour and robotics. At least, this kind of cheap labour might not last
forever.
“The
Boston Consulting Group reckons that in areas such as transport, computers,
fabricated metals and machinery, 10-30% of the goods that America now imports
from China could be made at home by 2020, boosting American output by $20
billion-S5 billion a year” (Economist, 2012).
However, if the end of cheap labour in countries such as China
really does come, what would this mean for the rest of the world’s economy?
Especially for countries such as Australia where 50% of our exports go to China
and Japan, which is then shipped back as ‘stuff’ (Kuttainen, 2013).
Reference
List:
Economist,
The (2012) The Third Industrial Revolution. Retrieved from www.economist.com/node/21553017/
Kuttainen,
V. (2013) BA1002: Networks, Narratives, and the Making of Place. Lecture 8
[PowerPoint Slides]: Stuff: Markets &
Manufacture. Retrieved from https://learnjcu.jcu.edu.au
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