People and govts like to dream up new words, catch phrases and colloquilisms to describe the age old capitalistic method of exploiting cheap labor from poor, uneducated 3 rd world countries with corrupt govts.
Do the people of China live a better life now that Wal-Mart and everybody else manufactures there ? I should say definitely NOT ! Do a few of the elite Chinese live better ? Decidely YES !
Charity begins at home.
Its the way of the world, get used to it, eventually like in the 30's it all fails and we begin again.