Out of Poverty

Sweatshops in the Global Economy

Benjamin Powell (Texas Tech University)

$163.95

Hardback

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English

Cambridge University Press
09 January 2025

Macroeconomics; Labour economics; Political economy; International business

Series: Cambridge Studies in Economics, Choice, and Society

Out of Poverty provides a comprehensive defence of Third World sweatshops that does not put economic efficiency over people, but instead explores methods of improving the welfare of those in Third World countries. The author explains how sweatshops provide the best opportunity for workers; and how they play an important role in development, leading to better wages and working conditions. Using economic theory, empirical evidence, and historical investigation, Powell argues that the anti-sweatshop movement would harm the very workers it intends to help by creating less-desirable alternatives and undermining development. Including a new chapter on the 2013 Rana Plaza factory collapse in Bangladesh, this revised and expanded second edition also explores how sweatshop wages have changed and how poverty alleviation has progressed in countries with sweatshops in the late 1990s and early 2000s and how boycotting Uyghur forced labor in China differs other sweatshop boycotts.

By: Benjamin Powell (Texas Tech University)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Edition: 2nd Revised edition
ISBN: 9781009505352
ISBN 10: 1009505351
Series: Cambridge Studies in Economics, Choice, and Society
Pages: 238
Publication Date: 09 January 2025
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

Benjamin Powell is a Professor of Economics at Rawls College of Business Administration and the Executive Director at the Free Market Institute, Texas Tech University and a Senior Fellow with the Independent Institute He is the co-author of Wretched Refuse? The Political Economy of Immigration and Institutions (Cambridge University Press 2020) and the Amazon best-selling Socialism Sucks: Two Economist Drink Their Way Through the Unfree World (2019). His research on sweatshops has been reported in the New York Times and the Wall Street Journal.