How Can Four Schools of Thought on the Labor Problem

question 103

Essay

How can four schools of thought on the labor problem from Chapter 2 be useful to considering options to regulating globalization to limit short term costs and problems associated with exploitation?

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Definitions:

Binding Authority

Refers to the legal precedent or statutes that courts are obligated to follow.

Persuasive Authority

A legal authority, or source of law, that a court may look to for guidance but on which it need not rely in making its decision. Persuasive authorities include cases from other jurisdictions, discussions in legal periodicals, and so forth.

Negligence Action

A legal claim filed by someone who was harmed because of another party's failure to act with reasonable care.

Duty Of Care

A legal obligation imposed on an individual requiring adherence to a standard of reasonable care while performing any acts that could foreseeably harm others.