Rise of wages for migrant workers a must
Why should capital owners always shift every bit of escalation of production costs onto the employees? Is the current divide of profit between the owner and the employees reasonable?
According to authoritative investigations, the money paid to laborers make up only 10 percent of the total operational cost of an enterprise in China; but it is 50 percent in developed nations.
If factory owners want to maintain their advantage globally, they should cut the size of their share in the profit rather than that of the workers. This is not only an obligation morally but it is also a must for the benefit of their own long-term interests, as Western developed capitalist countries have shown.
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