This video shows the life style of a small time banana farmer, it also shows the point of view of the transnational corporations. Banana WarsThe majority of the bananas sold in Canada are grown on giant plantations and are owned by big corporations like Chiquita, Dole, Del Monte. This allows those corporations to take advantage of economies of scale. They control the prices and out sell the small farmers. You can learn a lot about the impact of globalization from Banana Wars the economy, ecological impact, as well as political and social implications, both good and bad. Yet we seem to have a lot more to learn as today Banana wars continue to exemplify the downside of a globalized economic system because Transnational Corporations are able to ignore that their South American employees who are basically paid slaves. Most employees are contract workers, not employees of the companies, like Chiquita, and are unprotected. Transnational companies say that all of their employees are unionized, but they mostly have contractors. Did you know that every time you buy bananas the plantation owners gets 10% ,and the worker who harvested that banana gets only 1% of total profits. That means there is almost 90% of the money made off those bananas given to corporate heads which is a sign of corruption. One of the only ways to improve the quality of life of these workers At the moment, there are a lot of bananas at a low price. Now, what needs to happen is the cost must go up while demand as well as units produced must stay the same. Even if it were just a 25% price hike. this would result in a wage increase of almost $65 per week per worker. Enough to make life substantially better. On a global scale, are we really that impacted by a 25% increase in the price of bananas?
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Garrett's blogI enjoy playing videogames Archives
May 2016
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