LABR 1F99 Lecture Notes - Lecture 16: Foreign Direct Investment, Temporary Foreign Worker Program In Canada, Alice Walton

• School: Brock University
• Department: Labour Studies
• Course: LABR 1F99
• Professor: Simon Black

Document Summary

Workers(cid:499) on a bin outside alice"s apartment: rising income inequality capitalists are getting a ridiculously unfair amount of the economic pie. What is our relationship (as workers & consumers in the global north) to workers in the. Plus, key concepts: multinational corporations (mncs, sweatshops. Changing world of work in the global south. What economic & political forces have driven change to economics & work in the global. Response to declining profits in the global north. Since the late 1970s, capital increasingly seeks out profit making opportunities in the global. Foreign direct investment (fdi) has been increasing. Debt crisis indebted countries in the global south were forced to open their markets to investment an goods from global north. Since the (cid:853)(cid:861)(cid:860)(cid:852)s, free movement of capital from the global north (cid:523)(cid:498)free trade(cid:499)(cid:524) to search for cheap labour and lax regulations in the global south for profit making opportunities.