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Monday, May 20, 2013

The Globalization of Hypocrisy | Common Dreams

The Globalization of Hypocrisy | Common Dreams: "Big business has found its Utopia, a world in which millions of people are willing to work for a fraction of U.S. salaries.

In this dream world of global capitalism, young people are going from zero income on the farm to a few dollars a day on a 12-hour factory shift, and as a result, based on the World Bank's poverty threshold of $1.25 per day, they're no longer "in poverty." So the media piles on praise for free markets. The Economist proclaimed that "poverty is declining everywhere." The Washington Post gushed that "a billion people have been lifted from poverty through free-market competition.""

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