19/08: Why Made in China Costs the Consumer Less
Category: Environment
Posted by: an okie gardener
From MSNBC: full story here
Today, however, Chinese companies have a sizable cost advantage over their rivals in the developed world because many of the environmental costs of doing business in the United States, Europe and Japan are still externalities in China. Polluting the air, water and ground at no cost to the company's bottom line makes it easy to undercut the prices charged by companies that don't have a right to pollute for free.
Buy MADE IN CHINA and help support the destruction of the earth.
Today, however, Chinese companies have a sizable cost advantage over their rivals in the developed world because many of the environmental costs of doing business in the United States, Europe and Japan are still externalities in China. Polluting the air, water and ground at no cost to the company's bottom line makes it easy to undercut the prices charged by companies that don't have a right to pollute for free.
Buy MADE IN CHINA and help support the destruction of the earth.