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Posted by on Mar 25, 2018 in Economy & Trade, Featured, South Asia | 0 comments

Who’s Afraid of the Big, Bad Multi-National Corporation?

Who’s Afraid of the Big, Bad Multi-National Corporation?

The narrative of the big, bad multi-national corporation (MNC) swooping into developing countries to off-shore low value-added stages of production is all too familiar in today’s day and age. It’s easy and completely justified to find oneself haunted by Dickensian images of small children working in dirty sweatshops, working for wages in the cent range. To some extent, there is truth to this image and unsafe/unfair labour standards are morally unacceptable…The “race to the bottom” narrative is short, sweet, and makes the assignment of blame easy but it lacks several nuances that make for a more critical understanding of the story.

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