Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ann Corrigan who wrote (42611)	12/7/2003 11:31:40 AM
From: macavity	Read Replies (1) of 74559

Sub-Market Wages. I believe that every 10 year old has the right to sew Nike trainers should they so wish. America for centuries was able to call upon workers to provide their services for non-negotiable rates. It was called slavery. After centuries of building railroads, working in agriculture, etc. these savings to the cost of capital on a countries balance sheet do finally add up. Are the workers being abused. Provided they have some form of contract that they agree to and this is not reneged upon then I am fine with things. The example of companies running away before paying their workers is wrong. But if a company wants to pay a worker 1 usd/day and that worker agrees with it, then who am I too complain. If I do not like it then you are right let me exercise my consumers' choice. Personally between paying more to keep an OECD worker in subsidies, and paying the same to pay for a number of workers in Nicaragua, or whereever, I know where my choice lies. Quality and price - it keeps my choices easier. -macavity

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