Word: labors
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Dates: during 2000-2009
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...Moves like the latter one could wind up stoking the fires of global inflation. After all, it was China's cheap laborers who turned the country into the world's factory. By one estimate, China's manufacturing unit labor cost was just 4% of that of the U.S. in 2005. Now, as the mainland economy powers ahead - GDP growth jumped by 11.9% in the second quarter - real wages of urban workers have been soaring at double-digit rates, rising 18% in the first half of this year alone, according to the government. Add in higher raw-materials prices, and manufacturers...
...one’s grandchildren to getting a building named after oneself. An increasing number of pundits, however, believe that universities are not fully deserving of such donations, especially since these donations are tax deductible. For instance, in an op-ed in the Los Angeles Times, former Secretary of Labor Robert B. Reich argued that such donations are not to “real charities” because they do not directly serve the poor. Consequently, he argued, donors should not get a full tax deduction. This criticism, however, is a red herring for the real problem: that the government...
...more somber voices come on scene. Robert B. Reich, a professor of Public Policy at the University of California, Berkeley (and President Clinton’s former Secretary of Labor) recently asserted in his Los Angeles Times op-ed that universities are often “investments in the lifestyle of the rich” and argued that donors should only be able to deduct half of their contributions to not-for-profits like colleges and operas...
...China branch of the U.K.-based NGO Business for Social Responsibility. Zhou and others largely credit the government for pressuring companies to contribute to a "harmonious society," Beijing's catchphrase for promoting social development along with economic expansion. "Party officials are in all earnestness trying to deal with labor abuses, environmental degradation and political corruption," says Dennis Driscoll, head of the CSR Research Center at Peking Law School. "Business is expected to do its part." Says Jia Feng, a vice director at the State Environmental Protection Administration: "This is not just a Western concern anymore. It's about China...
Student protesters and union members gathered yesterday outside the Holyoke Center to protest the August firing of a Harvard library assistant who had been arrested for allegedly making terrorist threats in the Alewife T station. The rally was staged by the Student Labor Action Movement (SLAM) and the Harvard Union of Clerical and Technical Workers. The groups have demanded that the University rehire the longtime employee, David S. Toomey, an assistant at the Harvard College Library’s technical services division. The groups said Harvard discriminated against Toomey, a 20-year library veteran who they said has a medical...