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Cheap labor Quote by Michel Chossudovsky

“Global poverty is an input on the supply side; the global economic system feeds on cheap labor.” quote by Michel Chossudovsky
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“Global poverty is an input on the supply side; the global economic system feeds on cheap labor.”

Michel Chossudovsky

About This Quote

Source Book: Global Economics Critique, 2015

Poverty persists because economies rely on cheap labor, making low wages a structural component of global supply chains.

In simple terms: Cheap labor sustains global economy, causing poverty.

Key Takeaway

Address labor exploitation.

Themes

economics inequality globalization

Mood

critical analytical

Type

political economic

When to use this quote

  • policy reform
  • fair trade initiatives
  • corporate accountability
  • NGO advocacy

Key Concepts

Supply chain dynamics labor rights

Questions to Reflect On

  • How can supply chains be restructured?
  • What role do consumers play?
A Different Perspective

Complex factors beyond labor costs also drive poverty.

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