georgephillip
Diamond Member
Some of those IMF and World Bank dictums are coming home to roost.Workers in Bangladesh are paid about $8 a week and live in corrugated shacks about five and one-half feet tall. An average sized adult standing in the middle of such a "shelter" can touch all four walls without moving. Wage slavery would seem to exist wherever capitalism sets up shop.
This is exactly the kind of unfettered free-market capitalism that the IMF and the World Bank has been demanding impoverished nations adopt to help them improve their economic conditions. Whenever such reforms have been imposed, wages and working conditions have both declined.
Kudos to Loblaws and Primark for owning up to their responsibility to the workers. Other labels were found in the rubble but the silence from other European and North American brands, has been deafening.
There are 300 square foot "mini-lofts" being offered at $1500 month in some US cities.
I don't think most Americans realize how self-destructive many of the rich are.
They can't stop stealing for the same reason a shark can't stop swimming.
They will die, and they know it.