PP247 Chapter Notes - Chapter 11-1: Consumerism
Document Summary
Ethical dilemmas for multinational enterprise: a philosophical overview. 3rd world countries frequently seek to attract american multinational corporations (mncs) for the jobs they provide and for the technological transfers they promise. Americans condemn mncs for exploiting the resources and workers of the 3rd world. While mncs are a means for improving the standard of living of the underdeveloped countries, mncs are blamed for the poverty and starvation such countries suffer. Mncs provide jobs in the 3rd world, but are criticized for transferring these jobs from the. American mncs usually pay at least as high wages as local industries, yet critics blame them for paying the workers in underdeveloped countries less than they pay american workers for comparable work. When american mncs pay > local wages, local companies criticize them for skimming off the best workers => internal brain-drain. Critique: mncs destroy local cultures and substituting for them the tinsel of american life.
