- Joined
- May 26, 2009
- Messages
- 17,247
- Points
- 63
If we paid competitively for our maids, road sweepers, construction workers and nurses, we wouldn't have to worry about no locals taking up these jobs wouldn't we? Tell me, do you think there will be no takers if road sweepers are paid $5k a month? Sure costs will rise and only the fittest companies will survive, and they can only do so by really boosting productivity and investing in technology and machines to cut down on manpower. For far too long, companies in Singapore have been mollycoddled by our government with free access to cheap labour. Even if we don't do so, how long do you think these sorry examples of a business will last the moment the third world countries become first world and these cheap labour sources dry up?
good points. truly free market mechanism