globalempire
Re:Container Shipping Has Cratered
on Wednesday May 24, 2023 @06:54AM (#36056264)
If international trade declines, this could indeed tip the scales and give labor a stronger bargaining position across the globe. Less trade might mean fewer cheap imports and potentially more jobs for local industries. This shift could lead workers to demand higher wages and better working conditions, knowing that the globopatricians can't easily jump ship to cheaper labor markets.