alt Hacker News> Didn't they bring hundreds of millions out of poverty, and built amazing cities and facilities in the past 30 years?
Yes, but China-bad ideology demands that we ask ”at what cost?”
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rangestransform • last Saturday at 10:34 PM
There was a real human cost to how China industrialized that isn’t “muh freedoms”.
China overproduced STEM grads so that their industries could hire them for pennies on the dollar. They had to withstand insane competition starting in elementary school, only to end up unemployed or doordashing.
This isn’t a PRC specific thing either, TSMC is infamous for having PhDs doing night shift lab tech work for pennies (comparatively).
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I wonder if similar costs were paid when the West was industrializing?
Spoiler: Yes.