But to compete with
the cheap labor in Chinese textile mills, he needs an inexpensive energy source.
She called for tougher legislation and taxes on foreign imports to ensure higher - wage American jobs are not lost to
cheap labor in other countries.
Book Review: Reefer Madness: Sex, Drugs and
Cheap Labor in the American Black Market.
It was often
cheap labor in emerging markets that, more than two decades ago, led companies in developed markets to move company jobs away from the home country either to company owned facilities (off - shoring) or to third parties (out - sourcing) in developing markets.
It still has some of
the cheapest labor in the world, he pointed out.
Maquilas in Mexico have also lost some work over the years to
cheaper labor in Asia, including China.
Most major developed countries can't grow rapidly, and there's really nothing that can be done about it — competition from
cheaper labor in developing countries is forcing developed country wages down.
Not exact matches
«Build your factory
in Mexico or someplace else where
labor is
cheaper» became the thinking, he says.
«The NAFTA trade agreement encouraged «off - shoring» or the placement of U.S. manufacturing
in its neighbors due to better
labor laws,
cheaper exchange rates and / or lower wages,» added Darby.
In 2014 seven building contractors were arrested on allegations they had collaborated with the Naples mafia, the Camorra, to obtain
cheap labor.
In an interview about the trade sanctions that President Trump is throwing at China and at Corporate America - whose supply chains go through China in search of cheap labor and other cost savings - Ambassador Cui Tiankai defended the perennial innocence of China, as is to be expected, and trotted out the standard Chinese fig leafs and state - scripted rhetoric that confirmed in essence that Trump's decision is on the right trac
In an interview about the trade sanctions that President Trump is throwing at China and at Corporate America - whose supply chains go through China
in search of cheap labor and other cost savings - Ambassador Cui Tiankai defended the perennial innocence of China, as is to be expected, and trotted out the standard Chinese fig leafs and state - scripted rhetoric that confirmed in essence that Trump's decision is on the right trac
in search of
cheap labor and other cost savings - Ambassador Cui Tiankai defended the perennial innocence of China, as is to be expected, and trotted out the standard Chinese fig leafs and state - scripted rhetoric that confirmed
in essence that Trump's decision is on the right trac
in essence that Trump's decision is on the right track.
With so many U.S. corporations racing to the bottom — moving manufacturing to foreign countries for
cheap labor and no environmental responsibility, taking advantage of the H1 - B Visa program to bring
cheap workers
in, lowering benefits and eliminating pension plans — it's refreshing to learn that some companies are taking the exact opposite approach.
Baxter won't object to working
in less - populous locations, where it's
cheap to build but hard to find
labor.
Cities across the Midwest made the list of best places overall for starting a business, and several ranked high
in categories including
cheapest office space and lowest
labor costs.
Meanwhile, immigration restrictions make it more difficult to import the
cheap labor that would be competitive with overseas operations; for an example, see the debacle now taking place
in Alabama after the enactment of a draconian immigration law.
«Rapidly urbanizing cities
in the frontier markets of Africa and Southeast Asia will benefit from favorable demographics,
cheap labor and a rising middle class,» said LaSalle's Gordon.
While China's history was built on
cheap labor it now has to invest
in robotics.
Li & Fung — the most important company that most American shoppers have never heard of — has long been on the cutting edge of globalization, chasing
cheap labor to garment factories first
in China, then elsewhere
in Asia, including Bangladesh.
Substantially lower
labor costs have enabled the company to produce
cheaper cameras and counter the Japanese
in most foreign markets.
Li & Fung has long been on the cutting edge of globalization, chasing
cheap labor to garment factories first
in China, then elsewhere
in Asia, including Bangladesh.
After all,
labor in the region is becoming less
cheap these days, and manufacturers are increasingly turning to robots — just last week, the South China Morning Post reported that electronics manufacturer Foxconn managed to do away with 60,000 jobs
in just one factory, through the introduction of robotic systems.
The answer lies
in the fact that the U.S. used to have a relatively closed economy whereas now,
labor gets replaced either with a tech solution or
cheaper foreign - born
labor.
As did other Rust Belt states, however, it suffered a devastating decline beginning
in the 1970s, when manufacturers moved to the U.S. South, Mexico and other foreign countries to take advantage of
cheaper labor, lower taxes and fewer regulations.
These bad - news boiler rooms use the world's
cheapest labor to reach a terribly skewed (and largely screwed) population of old, rural and homebound people who are also the only ones with the time and any interest
in talking to them.
But they're also turning to incentives to entice workers, raising costs for an industry
in which
cheap labor is an essential ingredient to making
cheap food.
But
in an industry where
cheap labor is an essential component
in providing inexpensive food, a shortage of workers is changing the equation upon which fast - food places have long relied.
To combat a tightening talent market, companies must focus on improving productivity and operational efficiencies, rather than relying on
cheap and plentiful
labor, as some have
in the past.
Race to the bottom: A term for dog - eat - dog competition by which countries compete by cutting wage levels so as to produce
in the
cheapest market, not by raising wages and
labor productivity.
It would allow any company
in America to replace any worker with
cheaper foreign
labor.
Thus, John Maynard Keynes, writing
in a similar situation during the late 1930s, rightly emphasized the need for policy approaches that both promoted business confidence — the
cheapest form of stimulus — and increased
labor compensation.
Many assume that China's cost advantage
in manufacturing comes from
cheap labor.
In a world of
cheap emerging market
labor and ever - more - dexterous robots, inflation — especially the wage - driven variety — seems like yesterday's news.
Such gaps tend to narrow for a number of reasons, including higher marginal productivity on
cheaper labor and land costs
in lower - tier cities, better economic integration with government - led redistribution of infrastructure and public resources from regional hubs to small neighbor cities, and broader penetration of technology, including smartphones and the internet, according to the Morgan Stanley research.
In the Philippines, the country's outsourcing industry, which has been a strong sector for the country given its
cheap labor, is facing unprecedented challenges from the rise of artificial intelligence, per Reuters.
The low costs of factory production
labor and poor quality model allows stores to produce at a high volume, stay
in front of trends and keep a demand on
cheap, unsustainable clothing.
Since the land
in question was fertile and productive, and since Mexican
labor was
cheap and governmental restrictions few, U.S. agribusiness was interested
in moving
in.
the community as they call it, no longer has a safe haven
in South America or Mexico either — to streach their dollar on
cheap labor and protection.
Globalization is the era of mega-competition,
in other words, the competition among giant TNCs which accelerates the race for the bottom to make TNCs acquire more profit by further exploitation of
labor including lowering the wages, cutting the welfare benefits, laying off employees, depriving workers of their
labor rights, using
cheap labor such as casual and even child
labor, and also by further destruction of environment.
They were the underside of a process
in which, for five centuries, Western colonizing countries had stripped the colonized countries of their wealth, using
cheap or slave
labor,
in order to build up the wealth which now underlies Western capitalism.
The Philippine organizers of the Global March mention following: widespread poverty and social inequality resulting
in the erosion of the family's capacity to nurture and protect children, the rise of informal economy requiring simple skills and technologies, globalization of capitalism where underdeveloped nations provide the rich with
cheap labor, disrupted family patterns due to migration, AIDS, etc. and inadequate basic services from government, including education, due to cut of the state budget of non-profit sectors to follow structural adjustment programme dictated by the IMF and the World Bank.
That,
in fact,
in many places, the operations of transnational capital — far from extending access to property, creating general prosperity, promoting democratic institutions, or advancing the causes of law and justice — destroy functioning local economies and communities, sustain and deepen poverty among those capital reduces to the commodity of
cheap labor, exploit unjust
labor systems, support despotisms, take advantage of conditions
in regions too poor to impose or enforce environmental protections (for their ecosystems or their peoples), and are often complicit
in the procedural abuse of persons who can hope for no legal redress?
In pursuit of gain or reduced
labor, persons are expected to move where production is
cheapest or where wages are best.
Kozol's description of the corporate presence
in and influence on schools makes one wonder whether the public education system
in the United States has become a domestic version of NAFTA: an effective way for companies to guarantee access to a steady supply of
cheap, uneducated
labor.
Moreover, this growth has often entailed vast industrialization and capitalist accumulation which have trapped millions of human beings
in grinding cycles of poverty and exploitable
cheap labor, as well as ravishing and poisoning environment after environment.
The Cuban people, they fear, would become
cheap labor for the Yanqui capitalists, with the regime taking the money and paying off workers with soap, toothpaste, and other necessities
in short supply.
For example, General Electric shut down a profitable and stable flat iron plant
in California and opened iron plants
in Singapore, Mexico and Brazil, where
labor costs are many times
cheaper.
Today the most intense competition
in the globally integrated market is not between the gigantic Transnational Corporations, but it is between governments that find themselves competing with one another for investors by offering the
cheapest and most compliant
labor; the weakest environmental, health, and safety standards, the lowest taxes; and the most fully developed infrastructure.
The influx of
cheap Arab
labor from the occupied territories has undermined one of the most basic concepts of mainstream Zionism, avodah ivrit — the sacredness of Jewish
labor, the idea that Jews must stop being middlemen, as they were so often forced to be
in the Diaspora, and do their own dirty work.
Rather, new factories were built, usually on the outskirts of small towns
in heretofore rural America, where the mechanization of farms made available a pool of
cheap, plentiful
labor.
The introduction of sugar cane into Brazil
in the 1530s and the need for
cheap labor was a cause of the trade
in slaves, and an active passage of trade goods between Brazil and Africa sprang up.