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ChristianKl comments on Why capitalism? - Less Wrong Discussion

6 Post author: Algon 03 May 2015 06:16PM

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Comment author: ChristianKl 04 May 2015 06:24:44PM 2 points [-]

Even if Nike wants to have it's T-Shirts manufactured at a higher hourly wage, it's not as easy for them to do so because they don't own the factories in which the T-Shirts get produced.

There were attempts by Western companies to pay workers more money but the factories owners simply lie over the wage they pay the workers. That wages also often is still over the average wage in the region.