David Rosenthal: belief

Transcript context

…To sell and open factories, they opened the country for the industry. We would certainly be remiss in doing a Nike episode if we didn't talk about the downside of this. The upside, of course, is cheap shoes. The upside, I think you can make a strong argument in the case with many of those countries that this is part of the coming-up process in the global economy. If you look at what happened to the Japanese economy, to the South Korean economy, to the Taiwanese economy, they went from making shoes to making chips, to making technology, to being global economic powers. It's part of the process. At the same time, people are making 70¢ a day working in these factories. Totally. Let's flash forward to the 90s here, where this really hits a flashpoint, and then I think we'll come back to the story. While we're here, we may as well be here. Stories hit the news of some really horrible things like child labor, stitching soccer balls on dirt floors and high temperatures, toxic glues……

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