Quote:
Originally Posted by Cwocwoc
You don't seem to understand how decent working conditions came about. It was not because employers were feeling generous it happened through the efforts of organised labour unions. It is more difficult for this to work abroad as the companies will simply move to a different cheaper country. It is far harder to establish unions anyway. Often the workers who try are murdered. In the past Western countries also benefited from plundering the resources and labour of countries they had conquered. Today the third world countries would benefit if we left them alone and allowed them to trade freely. This won't happen because the corporations want to exploit these countries and the biggest losers will be workers living in Western countries. They will have to compete on wages but will not enjoy the lower cost of living of those abroad. This is already happening in the UK.
Some truth but not the whole truth
Employers have to compete for those workers and that means offering them something better. Bad as conditions were during the industrial revolution people, flocked to those jobs because it meant an increase in their wealth. Alongside that food, clothing, warmth shelter etc became dramatically cheaper which benefited everybody.
Overall nothing at all like a race to the bolttom, that's simply not how it works.
Quote:
The workers from the former Eastern bloc only need a fraction of the pay to live well in their home countries and this is driving down the wages for everybody.
Yes its a transfer of wealth to the poorer people. I've no idea why you would think that's a bad thing. An interesting time will be when there are no poorer people, until then capitalism is doing an awesome job in that regard.