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"The kind of people who benefit most from being able to buy cheap clothes made in sweatshops is not Silicon Valley professionals, it's poor people." The benefi
by crdoconnor 9y ago
"The kind of people who benefit most from being able to buy cheap clothes made in sweatshops is not Silicon Valley professionals, it's poor people."
The benefit they gain through slightly cheaper clothes is more than offset by the benefits from the jobs they could have had if the manufacture of clothing (like everything else) was not offshored.
The real winner is Stefan Persson and the $28 billion he made from H&M's sweatshop labor arbitrage.
"There is no easy answer."
There is. Make trade deals contingent on good labor and environmental conditions and ruthlessly enforce that. That will bring jobs home and improve working conditions in 3rd world countries.
Then, deal with the fact that that new top is going to cost $4 more and Stefan Persson won't be quite so spectacularly wealthy.
- devdas 9y agoAs long as the people from 3rd world countries can easily relocate to places with better working conditions.
- crdoconnor 9y agoTo be clear, this usually means poor 3rd world countries pay for the educations of their best and brightest and then see no benefit from doing so. Most people ignore this subsidy from poor countries to rich.
- devdas 9y agoI do mean unrestricted. That includes unlimited immigration of unskilled/lower skilled labour as well.