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View Diary: Report: Post-recession jobs don't pay as well as the ones that were lost (131 comments)

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  •  their wages are rising . . . because (1+ / 0-)
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    18038

    they are fighting--unlike us.

    In China, several major strikes -- STRIKES !!!! -- have pushed wages in some industries higher by as much as 30%.

    The Chinese government has now been forced to begin writing off entire low-wage low-value-added manufacturing industries, allowing them to relocate to Cambodia or Vietnam, and has begun instead focusing on higher-wage higher-value-added jobs like infrastructure.

    Wages are not determined by "the market"---wages are determined by the ability and willingness of workers to fight for higher wages.  Workers who fight for better wages, get them.  Workers who don't fight, don't.

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