Chilean Miners are Set Free

I am saddened to see what has happened to the coal miners in Chile, but am happy to see them being set free. In Chile, little regard is given to safety, and all focus is on production. Chile does not have the appropriate regulatory regime. US death rates have dropped dramatically with Mine Safety Organizations and Federal Government oversight. Some politicians in the United States have been coming out against regulations which is horrific. Self regulation is not a possibility.

Recent news about workers in China has been exciting for labor movements. Labor unrest in China is becoming common place. Chinese workers are demanding fair pay and reasonable hours. Laborers are walking out of their jobs to demand higher pay and better working conditions. Labor activism can no longer be ignored by investors who are interested in doing business in China.