Free Thoughts

Out of Poverty: Sweatshops in the Global Economy

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Sinopsis

What qualifies as a sweatshop? Is there one standard definition? Why would someone choose to work in a sweatshop? What are their other alternatives? What happens when companies are made to pay their sweatshop workers more?Benjamin Powell discusses the economics of sweatshop labor. He argues that the anti-sweatshop movement’s policies actually tend to harm the very workers they intend to help.Show Notes and Further ReadingPowell’s book Out of Poverty: Sweatshops in the Global Economy (2014).Powell’s Learn Liberty videos on sweatshops and immigration are well worth watching:“Sweatshop Wages and Third-World Workers: Are the Wages Worth the Sweat?”“The Unbelievable Truth about Sweatshops”“Top Three Myths about Immigration”“Economics of Immigration: Myths and Realities” See acast.com/privacy for privacy and opt-out information.