Permalink
Switch branches/tags
Nothing to show
Find file Copy path
Fetching contributors…
Cannot retrieve contributors at this time
18 lines (11 sloc) 2.77 KB
date published title
2018-11-03 12:04 -0700
true
Market perils and political exclusion

From Pietra Rivoli's The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade:

So, what do I say to the young woman on the steps at Georgetown University who was so concerned about the evils of the race to the bottom, so concerned about where and how her T-shirt was produced? I would tell her to appreciate what markets and trade have accomplished for all of the sisters in time who have been liberated by life in a sweatshop, and that she should be careful about dooming anyone to life on the farm. I would tell her that the poor suffer more from exclusion from politics than from the perils of the market, and that if she has activist energy left over it should be focused on including people in politics rather than shielding them from markets. And I would tell her about the shoulders she stands on, about her own sisters and brothers in time and the noble family tree of activists, and the difference they have made in a day's life at work all over the world. I would tell her that, in just a few short years, I have seen the difference her own generation has made, and that someday people will stand on her shoulders, too. I would tell her that Nike, Adidas, and GAP need her to keep watching, and so do Wal-Mart and the Chinese government. I would tell her that I have met dozens of seamstresses in Chinese factories who need her, and that future generations of sweatshop workers and cotton farmers need her as well. I would tell her to look both ways, but to march on.

Specifically:

My T-shirt's story, then, is not a tale of Adam Smith's market forces, but is instead a tale of Karl Polanyi's double movement, in which market forces on the one hand meet demands for protection on the other.

I also like this on boring meetings as a sign of progress:

With a long historical perspective, it seems clear that when the meetings get boring, we have taken a step forward. Boring meetings mean that the radical has become mainstream, and that the establishment has changed its mind about the very nature of right and wrong. The struggles for bans on child labor, or for fire exits or minimum wage or factory codes of conduct, are never boring. But when the fight is won, the meetings get boring. While the battle rages for and against, it is interesting. But when the battle is over and the fight is no longer about whether to have fire exits but where to put them, not whether to have a minimum wage, but how to administer it, not whether to disclose factory locations but by what means and how often—when the establishment has changed its mind and we are just working out the details in (yet another) early morning committee meeting—it gets boring.