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Started by asm, May 10, 2023, 11:05:44 AM
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Quote from: Figleaf on May 10, 2023, 10:33:59 PMSure, krishna. The lower-ranking workers lost their jobs (and access to the company canteen!) and for many of them, that was an extension of a life of grinding poverty. However, there is another angle to that part of the story. The textile industry requires lots of clean water and turns it into polluted water. It provides work, but the jobs are badly paid and they can be filthy or dangerous. Though electrical machinery has brought great improvements in the quality of the work, the industry still needs low cost labour to compete. Textile is a good way to start industrialising, but in the longer run, it will not contribute much to development. The issue is therefore not people losing their job, but making people fit for other, better work. That is a challenge many governments are not up to.Peter