Better treatment of workers
mercredi 22 février 2017 à 01:00In specialized high-tech manufacturing, foreign companies often out-compete US rivals by treating their workers better.
Those companies succeed even though they pay higher taxes than in the US, which enables everyone in those countries to live a better life.
This is interesting, but it doesn't make globalization ok overall. Specialized high-tech manufacturing employs only a small fraction of workers. It is the exception and will remain so. Most factory employees are in the race-to-the-bottom economy where globalization provides a force to knock down unions and workers' rights. For them, as for farm workers, globalization is a disaster.