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Issue:

Business

 

Written by:

Rose R

 

Date added:

September 14, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1201

 

Was viewed:

2768 times

 

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Essay content:

Ultimately, in order to attract investments of multinational corporations, governments in third world nations must compete against each other to exploit their own labor force to supply the cheapest products. Furthermore, instead of sharing the profits with the workers, corporations spend most of the money saved from the labors on advertising and celebrity spokespeople...
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It is undeniable that unjust labor practices do exist abroad. One notable anti-globalization proponent is economist E.F. Schumacher, who spoke vehemently against the nascent practice of globalization and belief in mass production in his book Small is Beautiful in 1973. Schumacher claims that mass production through specialization of labor actually do more harm to the poverty-stricken countries...
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