The Race to the Bottom: Why a Worldwide Worker Surplus and Uncontrolled Free Trade Are Sinking American Living Standards

Seitenzahl:

248

Gewicht:

354 g

Erschienen bei:

Westview Pr

Kurzbeschreibung

With the 1990s economic boom over, The Race to the Bottom deftly 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 U.S. and Europe. Tonelson analyzes how the entry of such population giants as China, India, and Mexico into the global market have accelerated the erosion of wages and labor standards around the world. He describes how an ever larger share of this low-wage competition is hitting not just sectors such as apparel and toys, but many of America's highest wage industries such as aerospace and software. Tonelson explains why the reeducation and retraining programs touted by many political leaders offer only false hopes to most U.S. workers, and outlines the real decisions Washington needs to make to ensure long-term prosperity for America and the rest of the world. Updated with a new prologue from the author.

Mehr über...

Mehr über:  Business / Economics / Finance, Economics - General, International - General

Mehr von: 

Mehr von:  Alan Tonelson, Westview Pr