We have many countries already competing on the world market by trying to offer little regulation and lots of flexibility for investors.
How's that been working?
Are Chinese workers going up towards American standards? Or are Americans moving towards Chinese standards?
If Africa could also compete here, would living standards going further down or further up?
What do you think?
The fact that many of them are working in unpleasant factories completely overshadows the fact that their parents were subsidence farmers and that their kids will have access to decent/good education and healthcare.
China isn't perfect, but the velocity of the development is central. Much of the western knee-jerk reaction to the conditions in China seems to work from the premise that eliminating poverty is only worthwhile if it can be done in a clean stroke with no unpleasant intermediate steps.