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Subject: 
Re: Globalization: The price of dignity
Newsgroups: 
lugnet.off-topic.debate
Date: 
Tue, 23 Sep 2003 02:33:15 GMT
Viewed: 
216 times
  
In lugnet.off-topic.debate, Richard Marchetti wrote:
   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...

more like a global free-for-all

   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

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 yrs. ago, I took care of my granmother (without me working; living on my savings & some of hers) when she had heart trouble for a summer & fall (Apr. to Oct.) By October she’d recovered so I could get a job, and the first offer I got, I took, at Wal*Mart. I’ve seen this ‘race to the bottom’ first hand; WM is NOT the smiley company they want you to think they are. We actually joke about the ‘fishheads & rice’ some poor Chinese child is lucky to get so WM can be the richest company in the world. WM workers in the states are barely able to afford needs from the stores they work for.

Jeff



Message is in Reply To:
  Globalization: The price of dignity
 
The price of dignity (URL) 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 (...) (21 years ago, 23-Sep-03, to lugnet.off-topic.debate, FTX)

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