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> foreign countries to stop exploiting them Most developing countries need/would benefit greatly from foreign goods. The only way to get those foreign goods is
by BariumBlue 13y ago
> foreign countries to stop exploiting them
Most developing countries need/would benefit greatly from foreign goods. The only way to get those foreign goods is from foreign currency, which can only be gotten from foreign companies. The main reason WHY companies are motivated to move operations into underdeveloped countries is because said workers are so exploitable.
Imagine if, from the dawn of capitalism in China, China mandated pollution and labor laws equivalent to the US's. I don't imagine that China would not be anywhere near as developed as it is now, and it's possible the current standard of living would be even worse. (just a thought example, elucidation from actual cases/examples appreciated)
- seabee 13y agoPerhaps an even easier to imagine example: would the Industrial Revolution have happened if we had the same pollution and labor laws then? Or looking at the other side, if China had the same laws as us, if we had nowhere to outsource our externalities, would it still work? In other words, is outsourcing the reason we can maintain our higher standards locally?