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 (42765)	12/8/2003 3:10:55 PM
From: macavity	Read Replies (1) of 74559

Yes I agree that is better than child labour in the long run. I just think it is a non-starter in the shortrun. But these are not small families, as Grace has pointed out. So you would pay for a family of 2 parents and say 8-10 kids? And your wages would be adequate for them to live well, feed well, and provide a good education? I do not disagree with that - it sounds good, but I would guess that the economics of this transaction would preclude corporations going abroad and prevent any money therefore going to the country. The country would then have to go to the IMF for development money. -macavity

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