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Post by Dan Dare on Mar 22, 2024 12:38:33 GMT
You don't envisage a time when China will also become a post-industrial society? Or do you believe they will handle it differently when the time comes?
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Post by Baron von Lotsov on Mar 22, 2024 13:05:00 GMT
You don't envisage a time when China will also become a post-industrial society? Or do you believe they will handle it differently when the time comes? I'm not necessarily a believer in the concept of a post industrial society. I know Europe and Japan can be described as such and so can the US, but in each case there are reasons for it and a lot has to do with those who have a currency which forms a significant part of banking reserve currencies. The US took over industry in Europe and many other places because they had the reserve currency, but at the same time the reserve status over-values the currency and that kills domestic manufacturing. Japan was screwed over the Plaza Accord.
With China their national industry is focused on manufacturing, so the government runs the society so it works for manufacturing, hence high educational standards and pretty much all we were doing in the 19c. There is definitely a class system in China and you get paid for how smart you are, so the educational competition is very fierce and involves long hours of study. They have the Victorian work ethic. There is a big gap between the incomes of say someone in textile manufacturing and someone who works in R & D in microchip technology. This is why our country is failing. The financial incentives are stood on their head. A diversity manager is reputed to earn anything upto £200k per annum. I've seen programming jobs for only a tad above min wage in our area. Indeed technologists and engineers can expect to earn about 1/3 of what they do in the US or Germany. China is doing well due to the meritocratic approach, which is a very capitalist trait. Capitalism is the natural politics of manufacturing.
As for the future, well it will be like nothing we are familiar with. China will have to do less work because all the manufacturing will be done by AI robots with greater dexterity and intelligence than humans. I think it may well develop more in the arts as it needs less workers in production of goods.
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Post by Totheleft on Mar 23, 2024 11:15:54 GMT
Well from what they charge in relation to start up costs Id say Nursery care Well done. You hit the top slot.
Here is the rest of the list:
1. Child Care 2. Food Services 3. Contract Catering 4. Commercial Property Rentals 5. Wholesale 6. Commercial Hygiene + Waste Services 7. Professional Services www.youtube.com/watch?v=055KlLH1uhYDon't know if you noticed most of them Services are immigrant or Ethnic minority Services |
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Post by Dan Dare on Mar 23, 2024 11:22:37 GMT
Yes it's true. As TTL notes ethnic minorities will be over-represented in most if not all of these economic sectors.
That's because they are primarily low-wage, low-skill and low-productivity activities which have few if any barriers to entry and little capital investment is necessary.
But that's fundamentally a snapshot of the British economy in the 21st century.
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Post by Totheleft on Mar 23, 2024 11:37:55 GMT
crook noun UK /krʊk/ US /krʊk/ crook noun (CRIMINAL) Add to word list [ C ] informal a very dishonest person, especially a criminal or a cheat: These politicians are just a bunch of crooks. Synonyms criminalculpritevildoerfelon specializedthe guilty partymalefactor formaloffenderoutlawperpetratorvillain UK informalwrongdoer formal Thesaurus: synonyms, antonyms, and examples a dishonest person 🤗 This is England - a person is innocent until proven guilty. You can still be a Crook /criminal without being Charged look Saville for one. |
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Post by Pacifico on Mar 23, 2024 11:48:49 GMT
This is England - a person is innocent until proven guilty. You can still be a Crook /criminal without being Charged look Saville for one. Or Tony Blair... |
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Post by Totheleft on Mar 23, 2024 11:53:33 GMT
You can still be a Crook /criminal without being Charged look Saville for one. Or Tony Blair... Yeah like Maggie lol |
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Post by Baron von Lotsov on Mar 23, 2024 12:36:33 GMT
Yes it's true. As TTL notes ethnic minorities will be over-represented in most if not all of these economic sectors. That's because they are primarily low-wage, low-skill and low-productivity activities which have few if any barriers to entry and little capital investment is necessary. But that's fundamentally a snapshot of the British economy in the 21st century. A real case of the care industry: pay the worker £10ph and charge the customer £23ph.
I got that data from a Chinese spy.
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Post by jonksy on Mar 27, 2024 13:13:41 GMT
Forging sponsorship visas could be a smart career move... The Home Office granted 275 certificates of sponsorship for care workers after "forged" documents were used to make an application, a damning report into the department has shown.
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Post by wapentake on Mar 27, 2024 13:36:34 GMT
Well I suppose faking births,only he got caught,£2 million he conned out of the benefits system (probably more) link |
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Post by Baron von Lotsov on Mar 27, 2024 14:23:23 GMT
Yes it's true. As TTL notes ethnic minorities will be over-represented in most if not all of these economic sectors. That's because they are primarily low-wage, low-skill and low-productivity activities which have few if any barriers to entry and little capital investment is necessary. But that's fundamentally a snapshot of the British economy in the 21st century. Yes and if you were wondering about professional services, I think you will find accountancy is number one, lawyers number two and marketing number three. All these are, are services to the ones above professional services in the list. Child care is likely at the top thanks to government financial biasing, e.g. tax credits and DWP benefit systems forcing people to use it.
I recall doing a back of the envelope calculation myself if I hired out some space to care for children and paid the staff a tenner an hour and got the average rate which I managed to extract from some media report on it. The figures were rather draw-dropping.
Also another one which niggled me was someone down my road is a herbal medicine consultant. She works from home, so no overheads and all she needs is a shelf of herbs in jars to trade. The consultancy alone, even before we consider the markup on herb prescriptions, is £90ph.
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Post by johnofgwent on Mar 30, 2024 7:56:29 GMT
At today's electricity prices ?? Well ok if you follow the mechanics of hydroponic cultivation in a substrate akin to a thick wallpaper paste through which nutrients materials are peristaltically pumped using machinery akin to that used to cultivate isolated rat hepatocytes (Biochem Society Transactions 1981) and replace the high amperage high pressure sodium lighting with 600 nanometre range high intensity LED lighting as used by Tim Peake (Radiospares / Farnell Catalogue ) to grow crops in the ISS, maybe.... |
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Post by borchester on Mar 30, 2024 8:31:42 GMT
At today's electricity prices ?? Well ok if you follow the mechanics of hydroponic cultivation in a substrate akin to a thick wallpaper paste through which nutrients materials are peristaltically pumped using machinery akin to that used to cultivate isolated rat hepatocytes (Biochem Society Transactions 1981) and replace the high amperage high pressure sodium lighting with 600 nanometre range high intensity LED lighting as used by Tim Peake (Radiospares / Farnell Catalogue ) to grow crops in the ISS, maybe.... Plus a chap in a plastic rain coat to wander among the plants to scrape off the resin from the flowers.
But the real problem is that there isn't much of a customer base, so cannabis remains pretty a cottage industry. So unless you want to spend your days among sad folk whose conversation does not extend much beyond hey man, what sort of scales are you using and can I have credit until I see the man, then cannabis farming is best left to arseless arts graduates who enjoy starvation
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Post by Baron von Lotsov on Apr 1, 2024 0:03:35 GMT
Generally speaking I think those doing well out of recent economic changes are those who do call out service work. Someone the other day got quoted £2 grand for fitting a couple of solar panels and an inverter to a caravan. Think about it. How long will it take for a robot/AI to do a callout and fitting service for some item or other in the home. You can't offshore the work.
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