经济环球化、资本活动加快和对劳动力本钱的“向下竞争”(race to the bottom),使劳动与资本相对处于亘古未有的弱势和依附职位。中国纺织业是依靠低本钱领先战略得到竞争上风的。
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到目前为止,规则已经放慢,没有颠倒,向下竞争。
Rules so far have slowed, not reversed, a race to the bottom.
事实上,你们许多人都担心这个维持你们生计的工具,会采用一个向下竞争的经营模式。
In fact, many of you expressed concern over a race-to-the-bottom business model for tools that your livelihoods depend upon.
而且随着现有企业投入更多资本,最终过强的竞争就会引致利润掉头向下。
And as existing businesses invest more capital, eventually more competition will drive profits back down.
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