Thread: Woolworth's
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Old 15-12-2008, 11:19   #169
jaysay
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Re: Woolworth's

Quote:
Originally Posted by garinda View Post
So because we couldn't compete, we decided it was better to just content ourselves being a nation of service providers, rather than investing in new hi-tech industries, and educating a workforce who could excel in them?

Rather a shortsighted economic plan, but I suppose it is, when the best idea you could come up with was to sell off the family silver.

For hundreds of years Britain was at the forefront of cutting edge industrial engineering. Now we can answer the phone.

Well we can answer the phone until they train a monkey to do it for a few peanuts, and even those jobs are lost.
Its not a matter of that Rindi, we can't compete with the Asian nations, who pay ridiculously low wages, that's the whole point, things such as that are out of our control, people in these countries are paid for a weeks work what British workers earn in an hour. Isn't' that what happened to the Cotton Industry, and as you've said you can train a monkey to answer the phone for peanuts and compared to this country people will work for what we call peanuts but to them its a living wage. Why is it that firms like Nike, Timberland and the like, all have their factories in China, Vietnam, Thailand, Bangladesh and Pakistan because the wages are so low.
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