2020 JUN 05 The ‘Trade-Off’ for Cheap Chinese Products has Come at a ‘Huge Ethical Cost’
Western Nations have operated under a type of “Faustian Pact” (Faustian bargain, a pact whereby a person trades something of supreme moral or spiritual importance, such as personal values or the soul, for some worldly or material benefit, such as knowledge, power, or riches.) where there was an unspoken agreement to buy cheap products and “turn a blind eye” to potential ethical concerns connected with the production of said goods. However, the coronavirus has motivated the world to look more closely at “what this deal involves” Continue Reading