With the end of the economic boom of the 1990s, this text explores how the United States has entered a no-win global competition in which the countries with the lowest wages, weakest workplace safety laws and toughest repression of unions win investment from the US and Europe. Alan Tonelson analyses how the entry of such population giants as China, India and Mexico into the global market has accelerated the erosion of wages and labour standards around the world. He describes how an ever-larger share of this low-wage competition is hitting not just sectors like apparel and toys, but also many...
With the end of the economic boom of the 1990s, this text explores how the United States has entered a no-win global competition in which the countrie...