Subject:
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Globalization: The price of dignity
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Tue, 23 Sep 2003 00:21:32 GMT
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Viewed:
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114 times
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The price of dignity
http://www.guardian.co.uk/print/0,3858,4758235-103677,00.html
In the past two years, 500 export assembly factories have shut down in Mexico,
throwing 218,000 workers on to the street. Their crime was the $1.26-an-hour
base wage they were paid by companies such as Alcoa Fujikura to produce auto
parts for export to the US. Those wages are now “too high” in the global
economy.
edit: link and read on...
In a somewhat loopy way, this is the result of free markets on a global scale.
Interestingly, no one wins...
Paying a fair wage for a day’s labor is not only ethical, it’s good business in
my view. By paying a fair wage a corporation also creates a new customer base
-- a group of persons able to afford the product of their labors.
How does this simple equation fail to make sense?
-- Hop-Frog
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Message has 1 Reply:
 | | Re: Globalization: The price of dignity
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| (...) more like a global free-for-all (...) Sadly, it's not an equation to begin with, it's favoritism for the monetary/political elite. I agree completely that fair (livable) wages are a must. After I had stopped my drefting job due to burnout 2 (...) (21 years ago, 23-Sep-03, to lugnet.off-topic.debate, FTX)
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