S
summers
Visionary
- Nov 4, 2020
- 2,493
Nope, it's investment. The 1st world companies are spending money in another country with hopes of a return on their investment.It's not really an investment, it's an exploitation
Nope again. It's the responsibility of the governments in those countries to make sure workers get treated fairly. They could do this by establishing labor laws protecting their citizens. Instead, they collect their taxes and fuck over their own people.an investment would be if the people you invest in had a fair opportunity to grow financially from this situation.
No, it's because there are laws protecting the citizens of richer countries. There is no fighting, it's just not profitable to have low skilled labor jobs in places like US, Canada, Europe, Japan, Australia, or S Korea.The richer countries don't put up with being exploited like this because they can fight back.
The richer countries are not the saviors of the world. They are doing what's best for their citizens. They owe absolutely nothing to the poorer countries.The transactions between the rich and poor countries could be structured in an ethical way so that people in both countries could grow, but this would take a long-term view from the richer countries, because in the short term they would make a little less.
And again, you're avoiding the question - simple yes or no - would those poorer countries (ie the people and governments) be better off is the companies in 1st world countries just shuttered those factories?