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http://en.wikipedia.org/wiki/Wage_slavery

2007-02-23 07:49:45 · 8 answers · asked by Anonymous in Social Science Economics

8 answers

Wage slavery?

from what they teach me here at the university and from all i have read, it is not the wage itself(nominal income) but the purchase power that matters(given by real income).

researches show that generally a multinational company offer a higher ammount in wages tahn national companies, for the same activities. and they also offer more opportunities that actually did not exist before for the people there.

take child labour for example. if the children are not allowed to work in a certain company they would not have the moeny to feed themselves and put themselves to school and many may resort to thievery, prostitution begging...

so what 18 dollars can buy in us ...about 4 dollars can buy in mexico...i dunno the exact currency parity.

you cannot ask a company to pay 18 bucks an hour if what he produces in that country is not worth 18 bucks...

2007-03-01 21:22:27 · answer #1 · answered by Madeline 2 · 0 0

No is the simple answer as along as it a voluntary contract. Workers in many developing countries are moving from an agricultural subsistence living, and they and their families greatly benefit from what we westerners would perceive as undesirable work. The pay may seem meager, but if your average wage was $500 USD per year working a 2 acre (or less) plot of land, and by working in a factory you are making say $100 USD a week, you are significantly better off as is your family. This is how nations begin to develop and provide a better living for all. Communist theory, which are you citing by asking the question sees this as exploitation and that "capitalists" are taking advantage of these poor people. In reality, that is not the case, the workers in these outsourced factories are much better off, and if you do care about the world's poor, you should support free trade and its attendant benefits to the world's poor.

2007-02-23 09:43:26 · answer #2 · answered by Nate 1 · 1 0

Why don't we double the wages of everyone in the USA and then we will try to compete with the world on our products.
Some how that doesn't make sense to me.
We are taking our manufacturing off shore for a reason. We cannot compete with the wages we are paying now.
It's all well and good to romance it and think it's about keeping the worker happy but actually it's about profit and staying in business. Why don't you put yourself in the owners place and now you decide what to do? You see how different it looks?
There's no magic here. These owners aren't evil.
Maybe you would prefer that they shut down.
Just as we are doing, the people in those nations have to decide what they should do, and they have.

2007-03-01 02:30:11 · answer #3 · answered by H.C.Will 3 · 0 0

Of course it is. The company my husband worked for for 40 years opened a plant in Mexico. Our US employees earned at least 18 dollars an hour here while the Mexican employees earned less than 18 dollars a week. Plus our company was/is allowed to dump their raw sewage etc right down the street and into the waters.

2007-02-23 07:58:08 · answer #4 · answered by motherducker4 1 · 0 1

I wouldn't look at it that way at all. u.s. companies may be paying foriegn workers less then they would be paying workings in the u.s. but they are still paying more then the average saleries, besides that if they didn't bring jobs there they would be out of work. I would prefer to make money then be jobless

2007-02-23 07:59:03 · answer #5 · answered by MATTHEW B 4 · 3 0

So let me see if I understand. These people in developing nations are so stupid that they voluntarily take jobs that make their own situation in life worse.
Brilliant assessment on your part.
.

2007-02-23 14:37:51 · answer #6 · answered by Zak 5 · 1 0

That's funny, I thought slaves weren't paid wages.

2007-02-23 13:02:17 · answer #7 · answered by KevinStud99 6 · 1 0

what's better
- making "Nike" shoes for $2 an hour for a US firm
- making "Nyke" for Chinese firm for $1 an hour,
- becoming a prostitute for $5/hour?

2007-02-23 12:26:47 · answer #8 · answered by Anonymous · 0 0

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