Unions established the “Made in America” movement in the 70s as a response to foreign imports. It resulted in some patriotic buying habits that continue to this day and the ever present “made in x country” labels that we see on nearly every product we buy. It was generally a good idea, as it made people aware of a new dimension to their purchasing habits.
However, times have changed and globalization, for good or bad, is so pervasive that this strategy holds little sway over purchasing decisions. Between diluting the idea with lies from walmart and inherent complexity of identifying a country of origin, the label is no longer worthwhile. I suggest we move to version 2.0 of the info-label.
I propose that the label should indicate a simple ratio that denotes the wage differential of the typical executive to the typical worker. In case anyone thinks that this is a non-issue, I draw this from a summary of BLS data:
The United States long has had the industrialized world’s largest gap in pay between chief executives and blue-collar workers. CEO compensation swelled from 85 times what workers earned in 1990, to 209 times in 1996, and 326 times the following year. In 1999, CEO pay surged to a record 419 times the average worker’s wage, according to the U.S. Bureau of Labor Statistics.
Although I have some doubts about consumer social consciousness, I think providing the facts is a good start. We provide FDA information for consumers to make healthy choices about food. I think we should provide them a way to support companies that operate with a more fair compensation differential. It should be a part of our purchasing decision.
Update: I cross posted this to the Road Bike Review politics forum. A lively discussion has ensued.