Why there is so much child labor in the world today

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Assignment:

1. Should a nation's own internal economy be organized as a free market economy? Please give your opinion and reasons for your opinion.

Read the Singline story on pages 127-128.

2. Is it ethical for a company to abandon workers who have given decades of their lives to make it succeed?

3. What ethical obligations, if any, does a company have to the workers left behind when it moves to another country?

4. What ethical obligations do companies have toward heir foreign workers?

5. Should government allow companies to move their operations to other countries, or should it try to prevent or slow their exit?

6. As companies continuously search for cheaper labor, will this produce a "race to the bottom" that will unjustly reduce workers' standards of living throughout the world?

Read about Abbott Laboratories on pages 128-129.

7. Has global free trade unjustly benefitted multinational companies at the expense of poor nations?

8. Is it ethical for multinational companies - such as the large drug companies - to influence the rules that govern interntional trade and bend them to serve their own corporate interests?

9. Should governments intervene when companies seem to be engaging in unethical behavior? Is it ethical for governments to intervene in business affairs?

10. Is it ethical for the governments of poor nations to take a company's patented drug property without the consent of the company?

Read On the Edge - Marx's Children. Relevance of Marx Today

11. How would Marx explain why there is so much child labor in the world today?

12. What ethical obligations do companies have in order to deal with these issues? Why?

Reference no: EM133784748

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