A core part of the global market is what might be called…
“A core part of the global market is what might be called the 'Nike Economy' - footloose companies that play countries against one another while seeking subcontractors with the lowest wages and cheapest conditions.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
The 'Nike Economy' describes companies exploiting low-wage labor across borders.
In simple terms: Global market uses cheap labor.
Key Takeaway
Advocate fair labor practices.
Themes
economics
globalization
ethics
Mood
critical
concerned
Type
economic
activist
When to use this quote
- supply chain management
- consumer activism
- policy reform
Key Concepts
Labor arbitrage
corporate strategy
Questions to Reflect On
- How can consumers influence labor standards?
- What alternatives exist to low-wage outsourcing?
A Different Perspective
Complex supply chains obscure responsibility.