Personal Finance 2016

  2. Should Phil Knight/Nike be allowed to use cheap labor in overseas locations to manufacture
            their products?  Why or why not?  Please explain your answer in a full paragraph of at least
            8-10 sentences.

Nike is a huge company that has become international in its production and needs space to grow. For this reason I believe that there should be labor and work overseas for the company. However, I do not think these people should be getting paid less than workers in America or elsewhere. Even though Nike feels that the only way to maintain itself and keep progressing forward is to have cheap labor and even slave labor, this doesn't mean that it is morally correct. However it is easy for Nike to get away with this because of how big of a company they are. People don't think about the cheap labor because of how powerful they are. If it were to be a smaller company it would be easier for them to get prosecuted for cheap labor but a company as rich as Nike has all the best lawyers, all the best minds, all the best everything. Overall I think Nike should not have cheap labor because it is morally wrong, but it will because of how powerful it is.

Niko Kapetan