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I'll add this as a reply, so as to not edit the original. The downside of all of this, is that workers in regions with abysmal workers rights, win. No health
by bbarnett 6y ago
I'll add this as a reply, so as to not edit the original.
The downside of all of this, is that workers in regions with abysmal workers rights, win. No health care? No paid holidays? No sick leave? Work 6 or 7 days a week, 12 hour days?
Yay! Your region gets more jobs (China), because your workers cost less.
Government doesn't tax corporations OR workers much? Well, then the worker's wages are even cheaper. The Government can't afford schools, police, etc, etc, but.. yay! You now took jobs from regions which have these things.
Which is what 'fair trade', and 'child labour' campaigns work against, but of course have limited success sadly.
Point is, I really think tariffs and a reduction in free trade, is the only way to prevent a race to the bottom.
People wonder why wages have continuously slipped in the US for the average Joe? Well, how can you compete with places that have workers working in such conditions. Who have abysmal human rights? Have no schools, or infrastructure.
Of course products are cheaper! And thus, with no tariffs, you lose in the end.