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词汇 race to the bottom
释义
race to the bottom (economics经济学)
a situation in which companies and countries compete with each other to produce goods as cheaply as possible by paying low wages and giving workers poor conditions and few rights逐底竞争(企业或国家通过降低工资、劳动条件和工人权利以尽可能降低生产成本的竞争)
  • They are caught in the cheap food syndrome, the race to the bottom, the chase for the lowest cost of production globally. 他们陷入了廉价食品综合症,竞相杀入谷底,追逐全球最低的生产成本。
See also bottom | race
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