Nickademus
21st December 2001, 05:27
I can't remember if i posted something about this before or if i just discussed it with redceltic. anyway i've been thinking about the wto/gatt and the inclusion of labour standards a lot recently (largely because i wrote a 30 page paper on the topic recently). essentially i said that under the current regime there is no place for labour standards (and by labour standards i mean very basic labour standards that are often considered human rights -- such as the right to collective bargaining, a prohibition on child labour etc.) in the wto/gatt under but that they should be included. but i've been question that second part more and more. i'm not an economist (that's my brother) so i'm not 100% certain how they are interconnected to trade. will higher labour standards create a better economy or will is it likely that labour standards will only improve with an increased economy. i know this rests largely on the fact that it is a capatalist society. at the moment, however, i am trying to see this from a capatilist point of view so bear with me.
i know that labour standards are extremely important and that slave labour etc. are absolutely horrific. but with an increased economy is it not possible that a government/state may overcome some of its other problems such as poverty etc. i know a large portion of the new money will go to the rich, but even if a small amount gets to the poor is that not better than nothing.
i could really use some opinions here. this question has been bothering me for a while now. i find it most ironic that the developed countries, especially the US are advocating for the inclusion of a social clause (which would protect basic labour standards) in the wto while the developing countries are against such a clause. it makes me rather suspect even though my heart and my mind says the clause should be included to at least ensure some means of protection within the capatalist regime.
i know that labour standards are extremely important and that slave labour etc. are absolutely horrific. but with an increased economy is it not possible that a government/state may overcome some of its other problems such as poverty etc. i know a large portion of the new money will go to the rich, but even if a small amount gets to the poor is that not better than nothing.
i could really use some opinions here. this question has been bothering me for a while now. i find it most ironic that the developed countries, especially the US are advocating for the inclusion of a social clause (which would protect basic labour standards) in the wto while the developing countries are against such a clause. it makes me rather suspect even though my heart and my mind says the clause should be included to at least ensure some means of protection within the capatalist regime.