Quote:
Originally Posted by Guinness
The reason that produced goods are cheaper is a tad more complex...multi national companies looking to make maximum profit for investors pay sweat shop wages in countries without adequate employment laws, spend a few quid on a footballer advert and a product placement in a major film, charge top dollar for the latest fad for a few weeks and then offer them at sale prices (circumventing pricing regulations)...all the kids buy said product...vicious circle until some newspaper latches on, shames the multinational with photos of people with relatives who died in locked sweat shop fires, multinationals then hold their hands up aghast and say..'we didn't know, honest guv'..yeah right!
Yet again, the government is at fault, it should be a government responsibility to ban imports from countries without adequate employment laws. It really is that simple.
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Again some interesting points....and I know that the reason goods are cheaper from these foreign countries is more complex...but if we had not sold the machines and th skills in the first place then they may have had to look elsewhere...but I am not so naive to think that someone in this great big world would not have stepped in and the result would be exactly the same...cheap goods from abroad.
And I'm sure I remember times in the past where import tariffs were placed on goods to make them less attractive cost wise here, but the countries producung these goods complained about us blocking their industries and trade, and of course they were lifted.
Since Platts/Bullough/Saco Lowell, there have been many governments in power what did they do to try and stem this trade?...not much .
And while the wages abroad are low...in the countries where the goods are made the cost of living is cheaper, raw materials cheaper too.......and it means the people who often would not have a job, are employed and can provide for their families...where otherwise this would not be possible.
We
cannot influence the employment laws in other countries by not buying the goods they produce.
Businesses are in business to make a profit, not for philanthropic reasons...and businesses have overheads, development costs etc......not all the profits go to the shareholders, though there has to be something in it for them to invest.
My gripe is with businesses who make big profits but do not pay their share of taxes, because this increases the burden on the small tax payer like you and me...and what galls me even further is that HMRC will chase me or you for a few hundred quid, but will let the big boys get away with billions....now
that is what gets my goat!
If these big multi nationals paid what they should pay, then there would be more than enough money to go around to make sure those in genuine need are looked after.
And this
is the governments fault, and that of the governments who came before...because they know of these loopholes and yet they fail to close them....
this applies to all parties what ever colour banner they travel under.