Subject:
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Re: 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 02:33:15 GMT
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Viewed:
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216 times
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In lugnet.off-topic.debate, Richard Marchetti wrote:
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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...
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more like a global free-for-all
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Paying a fair wage for a days labor is not only ethical, its 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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Sadly, its not an equation to begin with, its 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 shed
recovered so I could get a job, and the first offer I got, I took, at Wal*Mart.
Ive 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
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Message is in Reply To:
| | Globalization: The price of dignity
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| 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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