3 ms·
No, it's a race to the bottom. It forces the countries to which manufacturing is outsourced to, to not have strict labour laws, low salaries, lenient pollution
by shreyshnaccount 3y ago
No, it's a race to the bottom. It forces the countries to which manufacturing is outsourced to, to not have strict labour laws, low salaries, lenient pollution control and keep conditions generaly favourable for the company, at the cost of the people working there, or else the multi-billion dollar corpos will turn to another country to get the cheapest manufacturing possible
- lennixm 3y agoUnfortunately your theory falls apart once you read literally a single book on macroeconomics.
- shreyshnaccount 3y agoMy theory that multi billion dollar companies base decisions like where to manufacture on costs? Or my theory that this set up forces lenient labour laws? I really do not know anything about economics, so would love to hear what you have to say. Would be helpful if you could link some things too
- killjoywashere 3y ago> would love to hear what you have to say What he said, by implication, was "read a book on macroeconomics".