A Quote by Paul Achleitner

Asia has an army of low-wage laborers to thank for its economic boom. — © Paul Achleitner
Asia has an army of low-wage laborers to thank for its economic boom.

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Poor laborers from all parts of Asia as well as Africa, the Americas and even Europe are transported by plane each day to wealthier nations where low-tier jobs are plentiful; sometimes the travelers board without even knowing their final destination.
Low-wage individuals barely get anything. I think we have to reward work, and I do think that we need to bump up the earned income tax credit to help low-wage workers.
An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers.
If I had more recreation time I would be able to step back and reflect on how life has changed. But it has been like a constant... boom, boom, boom, boom, boom!
By holding down natural wage growth in labor-intensive industries, immigration serves as a subsidy for low-wage, low-productivity ways of doing business, retarding technological progress and productivity growth.
I pay low wages. I can take advantage of that. We're going to be successful, but the basis is a very low-wage, low-benefit model of employment.
a great deal of the wealth at the top is built on the low-wage labor of the poor. Take Wal-Mart, our largest private employer and premiere exploiter of the working class. ... You think it's a coincidence that this union-busting low-wage retail empire happens to have generated a $65 billion family fortune?
The overtime threshold is to the middle class as the minimum wage is to low-wage workers.
We will always be a fair wage nation in a low wage region.
Boy you got my heartbeat runnin away Beatin like a drum & it's comin your way Cant you hear that Boom badoom boom boom badoom boom bass He got that super bass Boom badoom boom boom badoom boom bass Yeah that's that super bass
You can't have a movie that's just 'Boom, boom, boom, boom, boom' constantly - you have to breathe.
An army of experts assured us on a daily basis that this boom couldn't possibly crash like previous booms because this boom was still going on whereas all previous booms had ended.
By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labor. By proletariat, the class of modern wage laborers who, having no means of production of their own, are reduced to selling their labor power in order to live.
When you're in an economic downturn, what you want is to create jobs and economic growth. And the recipe isn't Republican or Democrat. It's low taxes, low spending, less regulation, free trade.
The great multinationals are unwilling to face the moral and economic contradictions of their own behavior - producing in low-wage dictatorships and selling to high-wage democracies. Indeed, the striking quality about global enterprises is how easily free-market capitalism puts aside its supposed values in order to do business. The conditions of human freedom do not matter to them so long as the market demand is robust. The absence of freedom, if anything, lends order and efficiency to their operations.
Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better idea is to have the government subsidize low-wage employment. The earned-income tax credit for low-income workers - which has been the object of proposed cuts by both President Clinton and congressional Republicans - has been a positive step in this direction.
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