The Race to the Bottom
Subtitle: Why a Worldwide Worker Surplus and Uncontrolled Free Trade are Sinking American Living Standards
Publisher: Westview Press
Published: October 1, 2000
Language: eng
Format: Hardcover
Number of pages: 256
ISBN-13: 9780813368177
Subjects: International trade; Labour economics; United States; Globalization; Economic Conditions; Business & Economics; Business / Economics / Finance; Labor supply; Business/Economics; USA; International - Economics; International - General; Labor & Industrial Relations - General; Political Economy; American Government; Economics; International Economics & Business; Public Policy/Administration; Economic policy; Free trade
First sentence: AY BACK IN THE MID-1990S, NO TWO CITIES SYMBOLIZED THE new global economy and its promises of progress and prosperity like Seattle, Washington, and Bangkok, Thailand.
Description: "In The Race to the Bottom, Alan Tonelson explains how a competition has emerged in which countries with the weakest workplace safety laws, the lowest taxes, and the toughest unionization laws win investment from American and European countries.

Tonelson argues that this "race to the bottom" in labor standards has been the driving force behind the decline of American living standards for the past quarter century and, as we have already begun to see, will cause even bigger problems for the worldwide economy as it continues."--BOOK JACKET.