« Why don't you do something? | Main | Life and Debt in Jamaica »

Life and Debt in Jamaica

For me, the most shocking thing about this video were the working conditions of the Jamaicans. The video depictd many Jamaicans working in unsanitary environments, under extremely low wages, with no compensation for overtime, and enforcement of child labor. I believe the above conditions constitute an institution known as sweatshops. It's just not right for their to be conditions like this anywhere in the world, and we need to do something about it. The more I think about how we can get rid of these injustices, the more I think about polices of today's world, polices and orgainzations such as IMF, world bank, and neoliberalism. I believe these institutions and polices are the main reasons why these injustices exist today.

First of all, neoliberalism gives to much power to corporations by making them private institutions. By making things private, you have no oversight of the practices that are being conducted. Private corporations are allowed use whatever antics they want as long as they are generating a profit. In the case of Jamaica, corporate companies such as DOVe, are allowed to exploit Jamaican workers for there banana products. The Jamaicans are forced to comply because they are under binding contracts with organizations such as the IMF and the World Bank.

INstitutions such as IMF and the World Bank feed onto the ideas of neoliberalism. They force developing countries like Jamaica to follow these new policies of free-trade, deregulation, and privatization. Otherwise, if the countries don't comply to these rules, they don't receive the loans from IMF and the World Bank. Originally the IMF and the World Bank were set up as instititions that could help developing countries by providing loans that would help the developing countries generate economic growth. Now, they force these countries into a system where they become subordinate to private corporations such as DOve.

For these reasons workers have to endure horrible working conditons because they have no power over these private institiutions. Under the policies of the IMF and the World Bank, they need the foreign investment to generate growth in their country. Developing countries like Jamaica are forced to comply with the new polices of neoliberalism and lose their independence of their own products. To get rid of these injustices, we need to reform these organziations and move away from the polices of neoliberalism.