The human cost of one penny less

According to a Bangladeshi garments executive, “Give me one cents more a piece, one cent. I will use that money for these poor people.” Wal-Mart’s reply was, “No, give us two cents less”.

Dateline NBC investigates the human costs in the developing world behind the bargain shopping trend of the Americans and the competitive deals of the big discount stores. Read more on this story at Global Voices Online.

We ask ourselves “What would I do, if they asked me to pay 25 cents more for the pant?” More importantly, what would you do?

One Response to “The human cost of one penny less”

  1. thomasyung Says:

    We do not have this concept of the global economy when faced with our own local economy. If we stopped to examine our social consciousness, when buying garments at retail stores, most of us would probably be willing to pay the extra 25 cents more for those pair of pants. We pay more than that when paying for the specialty coffee drinks at Starbucks or Caribou Coffee.

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