One of the more controversial issues
in economics these days is the proliferation of American multinational
corporations. Some of these companies have been accused of not providing
adequate working conditions or wages to indigenous peoples. One of
those companies is NIKE, INC. After watching a 20/20 program highlighting
the situation, students were asked to provide an editorial, voicing their
opinion about this issue. Here are a few.
Editorial
This
sounds to me like people don’t like their job, well why don’t they quit
and find a better job. QUIT. Stop blaming the celebrities and start blaming
the manufacturers. It’s their fault, not the celebrities!
Now
people that are bought, that’s wrong. If they are hired, then they can
quit if they want to or be fired. People complain and wine, why? They have
jobs and are getting paid. If they don’t like it then they can quit and
find another job! These are just my opinions, Whether they are right or
wrong!
by
Jesse Rice
I’m also sick of everyone
carrying about other countries, and forgetting about our own!!!
Sweatshops
In a booming market economy we often forget that there are people in other countries who are not receiving a living wage for the products that we are guilty of buying and American companies are guilty of selling. Big name companies are selling their designer labels making huge profits off of the sweat of under paid workers. Children are working as adults and receiving even lower pay than the adults.
Every day name brands such as Nike, Reebok, and Kathy Lee Gifford products are being manufactured in sweatshops. These companies are paying their workers unfairly. For example, In a US sweat shop workers were paid 18-20 cents per blouse then these blouses were sold for 20 dollars a piece. This is robbery! These workers deserve their fair share of the profits!
The companies claim that they are paying the workers a legal wage. The problem with this is that in some countries the legal wage is not a living wage. These companies move their factory to whichever country has the lowest legal wage. For example, in Haiti Disney pays its workers only 28 cents an hour! Disney products are not sold cheap; to say Disney workers in Haiti are cheap labor is an understatement. They are practically enslaved! The Haitians probably aren’t receiving enough money to feed their families sufficiently while Disney is making millions/billions in profit by cheating their workers.
Nike has went so far as to employ bonded workers who are children to work in their Pakistan factories. They hire children because children are the cheapest labor they can possibly find. The children are paid a child’s wage for a man’s job. It is wrong that any company would employ a child because children should be learning in schools and should not be made to worry about adult problems ahead of their time. Nike should be paying their parents more than a living wage, so their parents will be able to support their family comfortably and will not force their children into bondage. I think Americans should boycott Nike until it is made public that they have stopped cheating their oversees workers and no longer have any children employed. They should give their former children employees scholarships to make up for steeling their childhood and keeping them out of school.
These companies like Nike and Disney should not be taking advantage of the third world labor force. Instead they should be paying their third world workers well above the living wage in their country so they will be able to escape a life of poverty. I believe these large companies would still be profitable and that this would be a lot more humane. These companies should give the same benefits to the workers as they give their US factory workers. If we in the US accept slave labor in other countries then we will see more US sweat shops, and clothing manufactures not paying workers the salaries they deserve to try to meet the same prices. In a world where companies are driven by profit and consumers want bargains the problem of sweatshops will not go away. Consumers need to boycott sweatshop products and let companies know they are not a good deal.
BY
REBECCA TRACEY
Child Labor Editorial
I feel guilty.
Right now I am wearing a pair of Nike running shoes. I also have
a number of different Nike sweatshirts, shoes, T-shirts, and pants.
But I make excuses just like everybody else. Oh, it can't be that
bad, or they're trying to improve, or Nikes are the only shoes that I can
run in. I also complain about school sometimes, just like everybody
else. I complain that Christmas break was too short, or I don't feel
like going today. While there are kids who want to go to school more
than anything in the world, but can’t.
I can't imagine
working in a factory at the age of 12, and sometimes working an 11-13 hour
day. Getting yelled at and hit, and not being able to complain for
fear of losing your job would be just too much. After putting up
with all of this, you would only earn $.28 an hour in Haiti. And
that’s minimum wage. I was shocked to hear that each garment costs
the manufacturer about $.18-$.20. I had hoped that their products
cost them at least a few dollars to produce. These companies would
rather hire children because they don’t complain about these terrible conditions.
Some companies and countries have outlawed child labor, but this hasn’t
stopped them from paying unlivable wages to adults.
Some people argue
against raising the wages in these factories because they fear that it
will raise prices in the U.S. I agree with the experts when they
say that this wouldn’t happen. If the owners of the firms would only
pay their employees livable wages, production would actually go up.
The people would be well fed, less desperate, and all around happier.
They would be able to work more consistently and the managers would have
made a good investment. I hope that companies like Nike and the Gap
can improve their ways. If they did, I’m sure a lot of customers
would return to them.
By
Anne Knudtson
How Economy Works
Leslie Cook
Economy as a whole
Affects each individual person
An important aspect is
Circular flow.
The purpose is to lower the deficit
Ways are fiscal policy
And types of taxation that keep up
With the changing inflation.
Now don’t get confused
It’s much simpler than this
Follow these tips
And you will be in bliss.
When times are slow
And cash is low
It would be smart to invest
Instead of giving your budget a test.
There are several ways to insure
Yourself some currency
Be sure you allocate
When there is an emergency.
You can use it for
A good or service
Making the decision
Can get you nervous.
Use your head
When you are lost
You must evaluate
The opportunity cost.
Which is more important
Want or need
Can be determined
By saving like it’s a good deed.
It may not seem
Like a big deal now
But that interest over time
Will make you smile.
Don’t be a fool
In the markets
They will use you
For their targets.
You are the consumer
You make the choice
To spend the money
In a way that makes you rejoice.
If you spend it very wise
The market will open their eyes
To new and better decisions
That will give you more provisions.
Provisions to survive a loss
If you remember who’s the boss.