Profits and Principles: Global Capitalism and Human Rights in China

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Profits and Principles: Global Capitalism and Human Rights in China

By Michael A. Santoro
Cornell University Press, 2000
241 pp. $26.00
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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.

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