How do sweatshops contribute to poverty in the global economy?

[metacristi]

Are corrupt (greedy) governments to blame?

I have been reading about a garment worker in Nicaragua who earns about $15 dollars a week, but her expenses of living are closer to $30 a week. I don't know how these people survive.

Incidentally, the corporation she produces garments for earns several billion dollars in profits each year.

Corruption alone cannot account in entirety for the poverty in the world (only marginally it is really of blame), unfortunately it is the system itself which produces and entertains it. When looking at the whole picture, namely the situation at the world level, it's clear that capitalism has not succeded. Even in the so called rich countries, after hundred of years of contiunous growth, the problem has not been eliminated yet. See http://www.thirdworldtraveler.com/Globalization/Globalization_watch.html for a much more accurate picture...no, the accusations of corruption and incapacity to organize are not THE problems, the most important problem, overlooked currently, on purpose, by those who benefit from the system, is that the economic doctrine itself is of blame (unfortunately not all people, have the same chances as official propaganda often claim; capitalism alone cannot solve this). The truth is far away from the glamorous myths presented in let's say 'Fortune', 'The economist' or 'Forbes'.

I'd rather say that it is poverty which creates widespread corruption not the other way around. As for the myth that poverty disappears fast it is enough to look at South America, the preferred experimental ground of 'laissez faire' libertarians in the last 50 years, to realize that basically nothing changed. Unfortunately mere economic growth cannot solve the problems, not to mention the destruction of the environment due to necessity of 'growth' with all costs (the internal dynamic of capitalism make this imperative). What's funny is that, basically, there is no good reason to think that a continuous economic growth can be sustained forever. Something is putrid in Danemark...

 

[Aquamarine]

Corruption alone cannot account in entirety for the poverty in the world (only marginally it is really of blame), unfortunately it is the system itself which produces and entertains it. When looking at the whole picture, namely the situation at the world level, it's clear that capitalism has not succeded. Even in the so called rich countries, after hundred of years of contiunous growth, the problem has not been eliminated yet. See http://www.thirdworldtraveler.com/Globalization/Globalization_watch.html for a much more accurate picture...no, the accusations of corruption and incapacity to organize are not THE problems, the most important problem, overlooked currently, on purpose, by those who benefit from the system, is that the economic doctrine itself is of blame (unfortunately not all people, have the same chances as official propaganda often claim; capitalism alone cannot solve this). The truth is far away from the glamorous myths presented in let's say 'Fortune', 'The economist' or 'Forbes'.

I'd rather say that it is poverty which creates widespread corruption not the other way around. As for the myth that poverty disappears fast it is enough to look at South America, the preferred experimental ground of 'laissez faire' libertarians in the last 50 years, to realize that basically nothing changed. Unfortunately mere economic growth cannot solve the problems, not to mention the destruction of the environment due to necessity of 'growth' with all costs (the internal dynamic of capitalism make this imperative). What's funny is that, basically, there is no good reason to think that a continuous economic growth can be sustained forever. Something is putrid in Danemark...

Regarding corruption and capitalism:
http://alpha.montclair.edu/~lebelp/EconFreedomandCorruption.html

Regardin poverty:
http://www.worldbank.org/research/povmonitor/

 

[the number 42]

This link is to a radio debate that is mainly about advertising in general, but the first few mins (after a trailer for another programme) is about advertising & the global economy.

http://www.bbc.co.uk/radio4/news/ram/wed2002.ram