Tuesday, August 2, 2016

Organized labor in trade agreements

The current discussions by the two presidential hopefuls have netted so far a gaping hole in trade agreements regarding labor costs of goods produced in developing nations--which  result in a glut of goods produced abroad that don't equitably adjust at real wage standards (either because the poorer countries are using child labor or the items produced  are substantially below cost-of-living standards in these countries).

Clearly, organized labor should represent a just and living wage for labor costs in items produced wherever among nations in these trade agreements.  And, any discrepancy should result in penalties against nations who are simply dumping items, cheaply produced through unfair competitive means.  The penalties could go to subsidize education in these poor countries or in increased stipends to their workers      

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