Someone should really tell those sweatshop workers doing 16hr shifts to make Nikes that they’re living in a communist country where the workers have control over the means of production.
Vietnam has modernized a lot, even in the last couple years. Like America the vast majority of children’s labour is agricultural. Unlike America, Vietnam is actually reducing the amount of children working every year.
I didn’t even mention child labor in my comment, although that is a problem (and a growing one in the US).
My question is if there’s gross exploitation by international corporations is it capitalism or if the flag is red does it just become sparkling exploitation?
Communism and socialism do not automatically shield you from exploitation. In theory it is supposed to protect you from an individual or corporation capitalizing your excess production for profit.
Vietnam is of course a mixed economy and thus still has similar pitfalls as any market economy. Though they do exert more control and protections on certain state enterprises like energy and banking. They also still own the land that corporations lease from.
So in short, the answer to your question is that exploitation is still happening because of capitalism.
Someone should really tell those sweatshop workers doing 16hr shifts to make Nikes that they’re living in a communist country where the workers have control over the means of production.
Vietnam has modernized a lot, even in the last couple years. Like America the vast majority of children’s labour is agricultural. Unlike America, Vietnam is actually reducing the amount of children working every year.
I didn’t even mention child labor in my comment, although that is a problem (and a growing one in the US).
My question is if there’s gross exploitation by international corporations is it capitalism or if the flag is red does it just become sparkling exploitation?
Communism and socialism do not automatically shield you from exploitation. In theory it is supposed to protect you from an individual or corporation capitalizing your excess production for profit.
Vietnam is of course a mixed economy and thus still has similar pitfalls as any market economy. Though they do exert more control and protections on certain state enterprises like energy and banking. They also still own the land that corporations lease from.
So in short, the answer to your question is that exploitation is still happening because of capitalism.