Quote:
Originally posted by NousDefionsDoc
Any company that puts it business in a foreign country that does not have minimal labor restrictions should be fined out the ying yang. They are truly exploiting the worker class for pure profit.
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Hmmmm....
But Thailand, Cambodia, Vietnam, China etc, have labor restrictions, and companies are moving more and more activiities to them.
So, if Bangladesh would legislate some minimum labor restriction, you'd be OK with it?
Let's look at this from a business point of view. Companies don't move part or all of their operations overseas on a whim. They move because it is more cost effective. Between taxes and labor costs, the United States is simply failing to compete. Market forces apply, and companies will respond to them.
Penalties of any sort will simply lead to higher costs to Americans. Fine them? They build that into the cost of the their product and raise the prices. They have to. Companies do not make money out of thin air, they make money by charging for their products more than what it costs to produce them. Taxes, fines, etc. are just part of the costs.