Low Wage Rates And The Labor Laws - 1671 Words

Low wage rates and the labor laws in China, which refuses independent trade unions and limits the right to strike makes it very appealing to global companies and corporations to invest the majority (if not all) of the labor force in China. Other human rights that China restraints from the people includes freedom of expression, association, assembly, and religion. Recently, industrial workers have been pushing back, demanding better hours, wages, and working conditions. Furthermore, most of these workers do not have the knowledge of the rights they are entitled to, such as, social security funding and housing allowances. Chinese workers are evolving from a mass of unskilled labor into an increasingly sophisticated labor force. While human rights abuses persist at some factories, recently, labor conditions overall have changed - increased of union activity, better wages, and higher levels of education improving the condition of workers. It has been documented that a widespread of human rights violations occurs in China everyday. An estimated 500,000 people are currently enduring punitive detention without charge or trial, and millions are unable to access the legal system to seek redress for their grievances. Harassment, surveillance, house arrest, and imprisonment of human rights defenders are on the rise, and censorship of the Internet and other media has grown. Repression of minority groups, including Tibetans, Uighurs and Mongolians, and of Falun Gong practitioners andShow MoreRelatedLink between Higher Minimum Wage and Higher Unemployment1179 Words   |  5 PagesIn theory when an increase in minimum wage increases the cost of low-wage workers firms should want to hire less workers, however in reality this basic theory might be wrong according to Plumer B. (2013) While some studies found a link between higher minimum wage and higher unemployment level many others such as a recent paper from U.C. Berkeley that exploited differences across state borders did n ot find a link between higher minimum wage and higher unemployment. A study by John Schmitt of theRead MoreMinimum Wage : Low Skilled And Young Workers1553 Words   |  7 Pages Minimum wage, a program created to help the poor, has every contrary effect to its well intentions. Throughout the history, people who hurt the most during minimum wage hikes are the low-skilled and young workers. Drastically raising minimum wage is meaningless as high inflation usually comes alongside with wage increases. Past economic statistics have shown that the rate of increase in inflation usually outpaced the rate of increase in minimum wage. Thus, the real value wage workers receiveRead MoreSunday, July 24, 2016, Marks Seven Years Since The Last1539 Words   |  7 Pagesminimum wage was raised (U.S. Department of Labor). Since raised, the cost of living has increased by nearly 12 percent. When President Obama called for an increase in 2013 19 states, have raised their minimum wage between $8.15 and $11.00. But is the hike beneficial to everyone? According to c onventional economic analysis, increasing the minimum wage reduces employment in two ways. First, higher wages increase the cost to employers of producing goods and services. Second, a minimum wage increaseRead MorePublic Policy Is Minimum Wage1486 Words   |  6 PagesAn important matter in public policy is minimum wage. Researchers Neumark and Wascher states, â€Å"It has been one of the highest controversy topics in the political arena.† Laws regarding minimum wage have been imposed by the federal government and changed within the years since 1938 when former president Franklin D. Roosevelt signed the Fair Labor Standards (FLS) from $0.30 to $7.25 an hour. Previously in the labor force, those in the mining, manufacturing, and transportation industries only compromisedRead MoreThe Minimum Wage Is A Good Or Not? Essay1265 Words   |  6 Pagesminimum wage. What is it? Why people talk so much about it? Why should you care about that topic or even pay attention to that? This paper will try to answer the question of why increasing a minimum wage is a good or not so good idea. I. Definition and history of the minimum wage. Let’s start with the definition of the minimum wage. Minimum wage is defined as a legally mandated price floor on hourly wages, below which non-exempt workers may not be offered or accept a job (Minimum Wage 2015). TheRead MoreIs the Job in Fast-Food Restaurant Exploitative?1480 Words   |  6 Pagesexploitative? It yes, in what sense it is exploitative? Please also take into consideration the implementation of minimum wage when illustrating your argument. Introduction Exploitation is a term to describe person that are being mistreated. Karl Marx used it to explain the relationship between the capitalists and workers. It is claim that the value of a product is depended by how much labor has paid on it such as time, energy or ideas. Therefore the price of a product minus the cost and energy to produceRead MoreThe Effects of Raising the Minimum Wage on US Economy1507 Words   |  6 Pagesyear, the minimum wage has been increasing from less than a dollar to $7.25 now. The question that comes to everybody is that should we increase the minimum wage by too far. Does the minimum wage increase reduce the unemployment since now the current wage is high enough? Some people might think that we should increase the minimum wage in order to increase the labor supply. However, if we think deeply than this, there are more disadvantages than advantages of increasing the minimum wage. The farther theRead MoreThe Minimum Wage Law Should Not Exist1684 Words   |à ‚  7 PagesThe minimum wage law was first enacted in January 1938 (Mutari, Ellen), and since then, people have falsely been led to believe that it is beneficial to the economy as well as the general population. It has commonly been seen as a method to reduce poverty by redistributing income in order to make sure that people earn a healthy, living wage; however, evidence has shown that it in fact does just the opposite. Forcing a minimum wage goes against the free market, and severely disrupts the natural processRead MoreNike Debate1223 Words   |  5 Pagesnot only mean that taking advantage of low cost destination but also taking responsibility of the contractors/employees working in other countries. For example: Pepsi was recently in the news for allegations of having pesticides in the cold drink in India. Pepsi ensured that it has same standard of water purification across the world and not just meeting standards in the Indian Market. Similarly, Pepsi should realize that while th ey are getting cheap labor in low-cost destinations but at the same timeRead MoreMinimum Wage And The Wage Essay1208 Words   |  5 Pages Minimum wage requires paying every employee a specific wage regardless of the employee productivity. It is the responsibility of the government to set the minimum wage. To understand this, a biology analogy can be used: some animals are stronger compared to others. In economic perspective, some people are relatively unable to deliver compared to others. Among them include, disabled, unskilled, and the youth. Due to their low productivity, they are entitled lower wages corresponding to their efforts