Includes bibliographical references (p. 203-230) and index.
Contents:
The virtuous circle of trade and the labor compact -- Challenge and response -- Markets and states in Old and New Worlds -- International labor standards : ideas or trade based? -- Did the labor compact reduce inequality? -- Did labor standards harm or benefit trade? -- The labor compact in the long twentieth century -- Vandervelde's gift.
Summary:
"It has become commonplace to think that globalization has produced a race to the bottom in terms of labor standards and quality of life: the cheaper the labor and the lower the benefits afforded workers, the more competitively a country can participate on the global stage. But in this book the distinguished economic historian Michael Huberman demonstrates that globalization has in fact been very good for workers' quality of life, and that improved labor conditions have promoted globalization."-- Publisher.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.