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Nike sweatshops: inside the scandal

Summary:
There is plenty of propaganda and fake news in the MSM about Uyghur forced labour in the Xinglian region of China, but the evidence of Nike exploitating its workers is mainly ignored.  After it emerged in the 90s that Nike's factory workers were allegedly toiling in inhumane conditions, the company pledged to fix things. But has anything changed?According to the ethical clothing advocacy group Good On You, Nike is certified under the Fair Labor Association Workplace Code of Conduct. But a 2018 report by the Clean Clothes Campaign, found that Adidas and Nike still pay “poverty” wages to workers. The report called on both Nike and Adidas to commit to paying "living" wages (the amount of income needed to provide a decent standard of living) to its workers.With an annual revenue of over $US30

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There is plenty of propaganda and fake news in the MSM about Uyghur forced labour in the Xinglian region of China, but the evidence of Nike exploitating its workers is mainly ignored. 


 After it emerged in the 90s that Nike's factory workers were allegedly toiling in inhumane conditions, the company pledged to fix things. But has anything changed?


According to the ethical clothing advocacy group Good On You, Nike is certified under the Fair Labor Association Workplace Code of Conduct. But a 2018 report by the Clean Clothes Campaign, found that Adidas and Nike still pay “poverty” wages to workers. The report called on both Nike and Adidas to commit to paying "living" wages (the amount of income needed to provide a decent standard of living) to its workers.

With an annual revenue of over $US30 billion it should be able to afford it.


New Idea


Nike sweatshops: inside the scandal


Nike claims to have improved things since this film was made, but by how much? 


 Nike Sweatshops: Behind the Swoosh

Nike Sweatshops: Behind the Swoosh is the ultimate video for exploring the sweatshop issue. Using Nike as a case study, the film documents first hand the widespread and oppressive and exploitative labor practices in the developing world.




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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