Profits and Principles: Global Capitalism and Human Rights in China
Now that the House has passed the China trade bill, will the promised benefits follow or will it become harder to press Beijing on human rights? This timely study, which combines rigorous economic analysis with sharp moral reasoning, spells out what can and cannot be expected -- and what American multinational corporations should and should not be doing in China. Santoro distinguishes between corporations attracted to China for cheap labor (i.e., for cost-minimizing reasons) and those seeking to build markets there. As sensitive to the bottom line as he is to human rights, Santoro also has useful things to say about the issues that vex CEOS dealing with China. By bringing clarity to the ongoing debate about the responsibilities of multinationals for advancing human rights, he has produced a book of interest not just to the concerned citizen but also to those currently engaged in business in China or contemplating becoming involved there.
Related
Wall Street financial managers may eye China's economy with pleasure and awe, but the engine of its growth is exploited labor. Since Deng Xiaoping declared getting rich glorious two decades ago, China's embrace of capitalism has made sweatshop socialism a reality for millions of Chinese workers. Although some economists claim the workers' day will come with continued growth, double-digit rises in GDP have not translated into a better life. Exhausting hours, scant pay, draconian work rules, psychological harassment, and physical punishment are the seamy underside of China's economic miracle.
Christopher Patten's new book goes beyond Hong Kong to offer a sensible middle ground in the debate over the link between culture and Asia's rise -- and fall.
Three new books detail Xinjiang's long history of oppression. As they show, Beijing's rule there has always been harsh -- but never so bad as in the last few years.

Sign-up for free weekly updates from ForeignAffairs.com.