Out of Poverty: Sweatshops in the Global Economy

Out of Poverty: Sweatshops in the Global Economy

by Benjamin Powell

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This book provides a comprehensive defense of third-world sweatshops. It explains how these sweatshops provide the best available opportunity to workers and how they play an important role in the process of development that eventually leads to better wages and working conditions. Using economic theory, the author argues that much of what the anti-sweatshop movement has agitated for would actually harm the very workers they intend to help by creating less desirable alternatives and undermining the process of development. Nowhere does this book put 'profits' or 'economic efficiency' above people. Improving the welfare of poorer citizens of third world countries is the goal, and the book explores which methods best achieve that goal. Out of Poverty will help readers understand how activists and policy makers can help third world workers.

Product Details

ISBN-13: 9781139904650
Publisher: Cambridge University Press
Publication date: 03/10/2014
Series: Cambridge Studies in Economics, Choice, and Society
Sold by: Barnes & Noble
Format: NOOK Book
File size: 1 MB

About the Author

Benjamin Powell is the Director of the Free Market Institute at Texas Tech University and a Visiting Professor in the Rawls College of Business. He is a Past President of the Association of Private Enterprise Education and a Senior Fellow with the Independent Institute. Professor Powell is editor of Making Poor Nations Rich: Entrepreneurship and the Process of Development (2008) and co-editor of Housing America: Building Out of a Crisis (2009). He is author of more than 50 scholarly articles and policy studies. His primary fields of research are economic development, Austrian economics, and public choice. Dr Powell's scholarly research on sweatshops has been published in Comparative Economic Studies, the Journal of Labor Research, Human Rights Quarterly, and the Journal of Business Ethics. His research findings have been reported in more than 100 popular press outlets including the Wall Street Journal and the New York Times. He received his PhD in economics from George Mason University.

Table of Contents

1. Introduction; 2. The anti-sweatshop movement; 3. The economics of sweatshop wage determination; 4. Don't cry for me Kathie Lee: how sweatshop wages compare to alternatives; 5. Health, safety, and working conditions laws; 6. Save the children?; 7. Is it ethical to buy sweatshop products?; 8. A history of sweatshops, 1780–2010; 9. The process of economic development; 10. What good can activists do?; 11. Conclusion.

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