Globalization plays an important role in modern society. Because of globalization, we have benefited in many ways, and these methods were impossible in the past. One of the benefits is the so-called trade agreement. In short, a trade agreement is a transaction that allows us to trade with other countries. These agreements also allow us to set up factories overseas, and the cost of producing goods is lower than domestic costs. As a result, we can buy the latest clothes, mobile phones and other technologies at almost any price anywhere in the world. However, this benefit has some serious drawbacks. In my article, I plan to discuss the negative impact of free trade on outsourced working people. I will explore unemployment in developed countries through trade agreements, poor working conditions created by developing countries, and employment exploitation caused by globalization.
Perhaps one of the biggest topics discussed in the recent US presidential campaign is the implementation of the Trans-Pacific Partnership [TPP]. This can be said to be the decisive factor in this election. Outsourcing of large companies has ruined rusty belts, and trade agreements such as TPP are responsible for this. Research by the Institute for Economic Policy shows that "in 2015, the US deficit in TPP countries led to a reduction of 2 million unemployed in the United States, of which more than half [1.1 million] were in manufacturing" [Scott and Glass, Trans-Pacific Partnership, Currency] ] Manipulation, Trade and Employment, Institute of Economic Policy]. Transactions like TPP make outsourcing a more cost-effective option for big companies, which is very unfavorable for those who have done so. Trade agreements give big companies the opportunity to ship jobs to countries with lower wages overseas. As a result, people at home lost their jobs, causing wages to fall. In addition, competition with low-wage countries has forced companies to participate in the so-called "competition", and local companies have reduced their wages as much as possible to maintain a competitive advantage, which reminds me of the next step.
The minimum wages in countries such as China and India are much lower than in the United States, which encourages large companies to do business there to reduce costs. The problem with this is that these wages are much lower than those offered by the United States until the employee's work is marginalized. The China Labor Watch report said that the monthly minimum wage in 2016 rose from $304 in April to $330. The monthly salary of $330 has nothing to do with living wages, such as Apple can use it. At the Pegatron Apple plant, after a $304-$330 raise, Pegatron controls labor costs by cutting benefits and sharing insurance with workers. In 2015, workers' hourly wages were $1.85. In 2016, workers and #39 hours The wages have increased to $2.00, which is equivalent to $1.60 after the discount. "Obviously, in this case, Chinese workers are getting the original deal in the name of Apple's higher profits. Unfortunately, low profits are not the amount of abuse they are being abused.
Outsourced employees often suffer from horrible working conditions. In 2012, a Bangladeshi factory that produced clothing for global retailers such as Wal-Mart and Sears burned 112 people because of factory negligence. "Fire officials said that fires occurred on open ground and that a large amount of fabric and yarn were illegally stored" [Manik and Yardley, Bangladesh found in factory fires, negligence, nytimes] can be avoided if the building follows Bangladeshi law " This flammable material is required to be stored in a room with a firewall." To make matters worse, "On some floors, managers order workers to ignore fire and continue to work." Obviously, this is not a way for companies to operate, but companies know they can escape this behavior overseas. Sadly, these are not isolated events. To name a few, in 2016, Bangladesh died 23, 34 and 24 on three different occasions. Obviously, people should have better treatment than this, but the ability to outsource to less successful countries leads to people being exploited.
In general, everyone except the company and its consumers are adversely affected by the decision to outsource work. For example, Americans either lose their jobs overseas or are forced to compete by accepting lower wages. The overseas people then accepted the work, but were later forced to work to obtain low wages because they did not have the kind of protection that developed countries had. In the end, what's even worse is that the safety of large companies' factories is lower than they should be, because companies don't feel pressure to make factories safe. Of course consumers can buy products at a lower price, but at the expense of employees.
Orignal From: Globalization and outsourcing
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