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In a global economy, governments don't have the leverage required to keep the capitalists in check. The US still has its environmental and labor laws, but becau
by TheAdamAndChe 10y ago
In a global economy, governments don't have the leverage required to keep the capitalists in check. The US still has its environmental and labor laws, but because corporations can ship the work over to countries whose people are willing to work for $0.40/hr, our labor laws don't mean a thing.
We really need to take a good hard look at globalism.
- gnaritas 10y ago> We really need to take a good hard look at globalism. Or capitalism in a global economy.
- TheAdamAndChe 10y agoCapitalism can exist without exploiting foreign labor.
- gnaritas 10y agoNot without shutting down free trade agreements and becoming protectionist, which virtually everyone agrees is a bad idea.