Container - China
2008-05-23–2008-05-27The container shipping lines are the blood veins of our globalized economy. Around 90 percent of all non-bulk cargo is moved by containers stacked on transport ships - a large portion of it originating in China. With the standardization of the shipping container about thirty years ago, global transport was made much cheaper, and economic globalization increased rapidly. Intercontinental shipping is a prerequisite for our high levels of consumption in the West, and is also responsible for shifting the scales of the world's economy. Distance is no longer an important economic factor. Instead, the price of labor is what matters - reducing the value of human effort to a number, where some simply come cheaper than others.
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