Globalization has led to the erosion of worker rights in many countries from "summary" of Globalization and Its Discontents by Joseph E. Stiglitz
Globalization has resulted in a race to the bottom in terms of workers' rights in many countries. As companies seek to cut costs and increase profits by moving production to countries with lower labor standards, workers in these countries face a dilemma. They are forced to accept lower wages and worse working conditions in order to compete for jobs with workers in other countries. This downward pressure on labor standards has been exacerbated by the lack of enforcement mechanisms to protect workers' rights on a global scale. In the absence of strong international regulations to ensure that workers are treated fairly, multinational corporations have been able to exploit differences in labor standards between countries. This has led to a situation where workers in developin...
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