Ghana will no longer sell cocoa to Switzerland

Re:Ghana will no longer sell cocoa to Switzerland by sandworm101 on Friday March 19, 2021 @09:49AM (#26513282)

>> a fledgling industry in a developing country cannot compete with those of already industrialized countries

Except that often they do. With lower safety/environmental standards, lower wages, and lower expectations many "developing" countries can undercut the labor markets of developed countries, operating advanced manufacturing at far reduced costs. Many would ague that is exactly how China has risen to power.

A reliance on export of raw resources is also no telltale of a country still "developing" its economy. Canada is heavily dependent on resource extraction and export. Canada is also a former colony. But would anyone here dare say Canada is a "developing" economy?

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Re:Ghana will no longer sell cocoa to Switzerland by 908B64B197 on Friday March 19, 2021 @07:47PM (#26519300)

> Canada is heavily dependent on resource extraction and export. Canada is also a former colony. But would anyone here dare say Canada is a "developing" economy?

There's a big chunk of that country that can pretty much only be used for resource extraction. It's hard/impossible to grow anything there and pretty harsh to live there.

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Re:Ghana will no longer sell cocoa to Switzerland by pietrovismara on Friday March 19, 2021 @09:54AM (#26513338)

> With lower safety/environmental standards, lower wages

Well, no, thanks. I'd rather not be forced to enslave my people in order to compete with western capitalism.

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Re:Ghana will no longer sell cocoa to Switzerland by imtringued on Saturday March 20, 2021 @09:26AM (#26523081)

Rich people get to choose, poor people must obey. Why would you voluntarily decide to stay poor if you had the choice to become rich?

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Re:Ghana will no longer sell cocoa to Switzerland by mbg721 on Saturday March 20, 2021 @09:28AM (#26523094)

The freedom of no longer spending resources keeping up with the Joneses?

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Re:Ghana will no longer sell cocoa to Switzerland by Mauricebranagh on Friday March 19, 2021 @12:00PM (#26514901)

Its not like those countries would have had higher labour standards in the first place.

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Re:Ghana will no longer sell cocoa to Switzerland by ISL on Friday March 19, 2021 @11:59AM (#26514886)

The people of some countries are already enslaved by poverty and corruption. The pragmatic question is: will attracting outside capital improve the situation of the populace or not?

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