About
Contact
Advertise

Facebook
Twitter

April 29, 2008 10:00am by David Farrar

Wonderful Chinese capitalism

This comes from the BBC. Good on the enterprising factory owner for not letting politics get in the way of business!

Share this:

Facebook
Twitter
LinkedIn
Reddit
WhatsApp
More

Pinterest
Print
Tumblr

Like this:

Like Loading...

Email
Facebook
Twitter
Comment30

International Politics
China
Tibet

Comments (30)

Login to comment or vote

Alces

Superb.
Market capitalism rules.

I’m thinking 20 years.
0 0
Log in to Reply
Report
April 29, 2008 10:06am
ghostwhowalks3

Market capitalism rules ??

yes we have had antifreeze in toothpaste and fake ingredients in blood thinning drugs as well.

Unfettered capitalism, you wouldn’t brush your teeth with it,
and in China I’m sure the factory owner is now helping police with their inquiries( tomorrows story)
0 0
Log in to Reply
Report
April 29, 2008 10:48am
David Farrar

GWW does not understand that safety standards are not inconsistent with capitalism. In fact I dare say capitalist states have far better safety records.
0 0
Log in to Reply
Report
April 29, 2008 11:00am
PhilBest

We shall see how much “Market Capitalism” enters into the subsequent enquiries and sentencing………..ay?
0 0
Log in to Reply
Report
April 29, 2008 11:00am
3-coil

Ghostie – you’ve misread your 9th floor cue cards.

Canada bad, China good – OK?
0 0
Log in to Reply
Report
April 29, 2008 11:03am
ghostwhowalks3

Re coil, its off topic.
But The lines network has barely any land of its own to be classed as strategic, the network is almost entirely on public land allready

market capitalism- bet you wouldnt live there.
Nor send your kids to school or your family to hospital
0 0
Log in to Reply
Report
April 29, 2008 11:06am
Tane

GWW does not understand that safety standards are not inconsistent with capitalism. In fact I dare say capitalist states have far better safety records.

Under capitalism a business has an incentive to cut costs as far as possible, and this applies to labour as much as any other cost. The rational course of action for an enterprise in a capitalist system is to cut health and safety, and endanger its workers if it means getting a competitive edge on their opponents. Of course most employers are decent and responsible people who care for their workers’ safety, but this is in spite of the incentives in the capitalist system, not because of them.

It is organised labour forcing business, both industrially and politically, to provide decent health and safety provisions that has improved standards across the board in capitalist countries. A free media has also been crucial – it’s not good for your brand if workers are getting killed and maimed on the job.

Where Stalinist countries have had poor health and safety records I’d argue this is due to restrictions on free trade unions and on freedom of the press, not because of any supposed socialist principles.

[DPF: Tane shows the typical misunderstanding of how businesses really work as opposed to the theory. First of all the issue was about safety standards in products and when people have the choice not to buy a product that produces a great incentive to have safe products.

The best way to make employers have better safety standards for employees would to be make them liable for any injuries they are responsible for. It is ACC arguably which acts against workers best interests by protecting employers who do not have safe enough workplaces]
0 0
Log in to Reply
Report
April 29, 2008 11:11am
Murray

Whatever, piss off to Russia if you love the results of socialism so much.
0 0
Log in to Reply
Report
April 29, 2008 11:17am
Pascal

Tane: The rational course of action for an enterprise in a capitalist system is to cut health and safety, and endanger its workers if it means getting a competitive edge on their opponents.

Of course Tane would describe that as rational. Employees are so easy to replace you can afford to injure them at will and who cares, they’re not really people after all.

Note: Sarcasm. Just in case one of the local idiots decides to say: “Oh look! A right winger saying exactly what we imagine they all think!”
0 0
Log in to Reply
Report
April 29, 2008 11:27am
ghostwhowalks3

Pascal , most people are employed by small business.
And you should look at NZs work ( and death ) accident rates.
They seem to speak for themselves as wether you can afford to injure them.
However most regulated capitalist states are 100 times better than China Mexico, Thailand ( thats why F&P is going)
0 0
Log in to Reply
Report
April 29, 2008 11:40am
sonic

As Lenin said, the capitalist class is that they will sell you the rope you hang them with!

(please note quoting Lenin is not an endorsement, just an observation)
0 0
Log in to Reply
Report
April 29, 2008 11:41am
sonic

Oh could someone point Murray towards a history textbook that contains information on Russia post 1990.

Stuck in a timewarp that boy.
0 0
Log in to Reply
Report
April 29, 2008 11:42am
gd

I must say on my visits to China the safety standards are improving In the early days they didnt have any netting on the scaffolding on the high rises under construction.

They do now even thou the scaffolding is still bamboo poles lashed together with flax.
0 0
Log in to Reply
Report
April 29, 2008 11:44am
Richard Hurst

Tane says:
“Under capitalism a business has an incentive to cut costs as far as possible, and this applies to labour as much as any other cost. The rational course of action for an enterprise in a capitalist system is to cut health and safety, and endanger its workers if it means getting a competitive edge on their opponents. “

What?! If that was a rational course of action then a business owner operating on those lines wouldn’t be in business for very long.

1. Dangerous workplaces rapidly get a bad reputation so they don’t attract good employee’s who consistently produce for their employers. These productive employee’s go to safer workplaces who then get an edge over the competition thanks to these productive employee’s. Meanwhile the dangerous workplace loses money.

2. Accident prone workplaces end up with high staff turn over causing them to spend more on recruitment and face more temporary shut downs because their having to clean up and repair more often because of the increased accident rate. So again they lose money.

3. Many business owners in NZ are owner-operator businesses that the employer works in just the same as his/her employee’s. Farmers, corner dairy owners, supermarket owner/managers of Pak’nSaves, vets, rural transport companies, the list is near endless.
Cutting Health and safety would not only be putting their productive employees who make the business money at risk, but also themselves. Hardly rational is it?

In the end , cutting Health and Safely in effect means cutting profit, and ultimately business failure. If you’re a capitalist, this is not rational behavior.
0 0
Log in to Reply
Report
April 29, 2008 11:46am
ghostwhowalks3

Which party in NZ in the last 9 years has had an MP which was part of the Chinese Communist nomenklatura.
Which party in NZ in the last 9 years has had an MP who was convicted of stealing public funds
0 0
Log in to Reply
Report
April 29, 2008 11:48am
big bruv

Which party in NZ in the last 9 years has had an MP which enjoys walking in on naked school girls
Which party in NZ in the last 9 years has had an MP facing charges in the court right now
Which party in NZ in the last 9 years has had an MP whose was convicted of drink driving
Which party in NZ in the last 9 years has been found guilty of stealing $880,000 of public funds
0 0
Log in to Reply
Report
April 29, 2008 11:54am
Alces

Gee wilickers….

They don’t like market capitalism as a concept do they?

Be hard to extract a subsidised life from others in a free society, I’m just guessing.
0 0
Log in to Reply
Report
April 29, 2008 11:55am
Bevan

But The lines network has barely any land of its own to be classed as strategic, the network is almost entirely on public land allready

Idiot, the lines themselves are the strategic asset! Even a moron can see through the Governments spin on this one.

Oh wait I take it back – you clearly dont see it….
0 0
Log in to Reply
Report
April 29, 2008 12:03pm
Bevan

As Lenin said, the capitalist class is that they will sell you the rope you hang them with!

Old Soviet joke:

Capatilism is man exploiting man. Communism is the complete opposite.
0 0
Log in to Reply
Report
April 29, 2008 12:05pm
Bevan

Oh could someone point Murray towards a history textbook that contains information on Russia post 1990.

Off topic I know, but youhaven’t noticed Putin at work have you? Hardly going down the road to turn Russia into an open society….
0 0
Log in to Reply
Report
April 29, 2008 12:06pm
virtualmark

Perhaps Tane & GWW should reflect on Russia & China’s environmental and health & safety records before they point the bone at capitalism. Socialism has a much worse track record of rampant destruction and uncaring recklessness. But socialism is good though right???
0 0
Log in to Reply
Report
April 29, 2008 12:07pm
PhilBest

Tane actually said, in his last sentence:

“Where Stalinist countries have had poor health and safety records I’d argue this is due to restrictions on free trade unions and on freedom of the press, not because of any supposed socialist principles.”

Tane, the trouble HERE is that policies of extreme “equality” are such a brake on total output, that there simply is not the wealth available for better working conditions and the like. Note that Trade Unions in former Eastern Bloc nations ended up one of the main forces for organised advocacy of free market capitalism………..
0 0
Log in to Reply
Report
April 29, 2008 12:12pm
Ross Miller

nice one big bruv …. anything to highlight the total hypocrisy in GWW3’s garbage.
0 0
Log in to Reply
Report
April 29, 2008 12:31pm
Grant Michael McKenna

And thus the market brings freedom, and in twenty years time the children of China will all be wearing ironic pictures of the Dalai Lama.
Why does spell check want to say “Malaise Llama”- has the market not caught up yet?
0 0
Log in to Reply
Report
April 29, 2008 1:38pm
ghostwhowalks3

Which party in last 9 years had an MP convicted of inteferring with a court case ( and lost another employment case because the Judge questioned the reliability of his evidence)

The others you refer to other than DUI were not convictions or havent been proved yet.
0 0
Log in to Reply
Report
April 29, 2008 2:34pm
JSF2008

How many body parts for sale to the rich west can you cut out of a factory owner, and leave him alive long enough to be shot.??? ,love our new chinese friends and the great rioting communist party flag waving effort in Wellington and Auckland, we would be shot down if 1000 kiwis rioted and waved NEW ZEALAND flags ANYWHERE in china
0 0
Log in to Reply
Report
April 29, 2008 2:59pm
hubbers

I bet they aren’t making those flags there any more 🙁
0 0
Log in to Reply
Report
April 29, 2008 9:25pm
getstaffed

GWW – you seem to have a habit of pulling the pin and then holding the grenade. It was only a day or so ago that you raised the subject of politians who break the law and were, if I recall well and truly fisked with a catalogue of Labour MP’s lying, cheating, stealing, perverting the course of justice etc etc. Let it go man. It’s not a good look.
0 0
Log in to Reply
Report
April 29, 2008 10:16pm
Peak Oil Conspiracy

Getstaffed:

It was only a day or so ago that you raised the subject of politians who break the law and were, if I recall well and truly fisked with a catalogue of Labour MP’s lying, cheating, stealing, perverting the course of justice etc etc.

Indeed – here’s some remedial reading for Ghost-who-begs-to-be-exorcised 🙂
0 0
Log in to Reply
Report
April 29, 2008 10:50pm
Patrick Starr

“Indeed – here’s some remedial reading for Ghost-who-begs-to-be-exorcised”

Dont miss out annette E FAking with her husband and the Hawkes Bay DHB
0 0
Log in to Reply
Report
April 29, 2008 11:21pm

Add a Comment Cancel reply

Login to comment or vote

« Clem to retire

An excellent appointment »

Donations

You can now donate to Kiwiblog

Exclusive content from DPF on Patreon

Become a Patron!

Never miss a post

Email Address

Join 37.4K other subscribers

Highlights

Health Target 5 – elective treatments
Health Target 4 – Specialist appointments
Health Target 3 – Emergency Dept Waiting Times
Health Target 2 – Immunisations

Top Stories

General Debate 21 November 2024
General Debate 22 November 2024
The progressive NZ media
Imagine a different scenario
The newest Green MP
Great progress
What do NZers think of the Mongrel Mob and Black Power
Home detention for meth dealing
Hot off the Press: Term 3 School Attendance Data
Judge gets it right

Recent Posts

Do the KCs believe in democracy 22 November 2024
The newest Green MP 22 November 2024
About time 22 November 2024
The $800,000 lotto draw for researchers 22 November 2024
General Debate 22 November 2024 22 November 2024
A cunning plan? 22 November 2024
Hot off the Press: Term 3 School Attendance Data 21 November 2024
Great progress 21 November 2024
Judge gets it right 21 November 2024
Imagine a different scenario 21 November 2024
The progressive NZ media 21 November 2024
What do NZers think of the Mongrel Mob and Black Power 21 November 2024

Recent Comments

Do the KCs believe in democracy
pdm
Do the KCs believe in democracy
Cassandra
The newest Green MP
David Garrett
General Debate 22 November 2024
Steve Otto(North Shore)
Hot off the Press: Term 3 School Attendance Data
Alwyn Poole
The $800,000 lotto draw for researchers
Steve Otto(North Shore)
Hot off the Press: Term 3 School Attendance Data
Cassandra
General Debate 22 November 2024
Ian Boag
A cunning plan?
All_on_Red
A cunning plan?
MCōs
The newest Green MP
RRM
General Debate 22 November 2024
Sparrow
The newest Green MP
Northshoredoc
General Debate 22 November 2024
mogg
General Debate 22 November 2024
Conservatarian

Links

"Seymour is only doing openly what M?ori nationalists and their Pakeha allies have been doing, quietly for the past 50 years."
Not PC
Barry Soper: The h?koi was M?ori Party's crowning glory
Breaking Views
Your Cheatin’ Ballot III: Pennsylvania Right Now
No Minister
Sowell says
Hompaddock
Seymour’s opponents need better arguments
Point of Order
Popuphobia’s Javier Milei Problem
Utopia
Open mike 22/11/2024
The Standard
Drawn
No Right Turn
The transgender agenda sunk Kamala
Bob McCoskrie's McBlog
SETTING THE RECORD STRAIGHT
No Punches Pulled (Bob Jones)
What does “reciprocity” mean in New Zealand laws?
Croaking Cassandra
A Day of Reckoning
NZCPR
Media Link: “A View from Afar” on the US elections.
Kiwipolitico
This will not end well
Offsetting Behaviour
Top 14 Predictions for Round 10
Stats Chat
Tory Whanau may have to sell Wellington mayoralty to make ends meet
The Civilian
The Accidental Engagement
Imperator Fish
Legal Beagle: Election '23: The Special Votes
Public Address
Making this movie might have been a mistake
Liam Hehir
Why I am retiring from political blogging
Kiwi FireWalker
Angie Warren-Clark: Meet the Newbies
Dan Moskovitz

editor@kiwiblog.co.nz

PO Box 12270, Thorndon, Wellington 6144

Facebook
Twitter
FourSquare
Instagram
LinkedIn
Google+

© 2003-2024 David Farrar

Archives
Disclosure Statement
Editorial Policy
Privacy Policy
Complaints Policy
Comments Policy

Design by cre8d

%d