Originally Posted by Rome
Stop, you have nothing to apologize for, you would have more to speak of on the issue than I do. So, then how do you feel about it?
I think that business development is actually driving growth in those countries, as well as fueling literacy, education, and other civil services. The example is really clear in the Philippines. Towns with factories are clearly more well-to-do. The jobs would probably be considered by many as sweatshop, but their wages are many times higher than alternative forms of employment. FDI really does improve the countries in which factories are built. Certainly it's not magic, but some examples are Thailand and Malaysia, which have gone from sweatshop style third world countries to having a high degree of infrastructure, political instability nonwithstanding.
In terms of anecdotes, when I first arrived in the Philippines, I was absolutely shocked at the general conditions there. When you first arrive in Manila you can pass by the main garbage dump and see thousands of people living on a huge mound of refuse. Surprisingly, the Filipinos seem to be some of the most jovial people I've met, in most of my travels. Despite all the poverty and natural disasters that their country suffers, they always seem to be pretty happy go lucky about it. In terms of the factories? Sure they aren't as nice as the US, but certainly the conditions are better than those found in the towns and cities that the factories are built in. In some places there is child labor, but is it better for those children to work a bit, or starve to death? Some would claim that it's better to have neither, but unfortunately that's not the way the world works. Hopefully with the money pouring into those areas, those children, or at least their younger siblings, will have the opportunity to get an education in the future.