Business Ethics on Child Slavery

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“A man in debt is so far a slave.“ - Ralph Waldo Emerson. According to the International Labour Organisation, “at least 12.3 million people around the world are trapped in forced labour.” (ILO, 2011). There are many forms of slavery which still exist today such as prison labor, labor, farm and rural debt bondage, people trafficking and military labor. According to the International Labour Organisation, (ILO) it estimates “a minimum 9.3 million are in forced labour in the Asia-Pacific region, the majority of whom are in debt bondage.” This paper will focus on the topic of debt bondage. It is an important topic to look at because debt bondage is illegal worldwide and it is wrong as it abuses the human rights. Debt bondage is a type of slavery in which workers indentured to work cannot overcome the insuperable debt to the employers they work for, thus physically confining the workers to their jobs for life. (eHow, 2011). Just like slavery, debt bondage either controls the workers without rewarding them fairly, or forcing them to work without getting paid. (eHow, 2011) Enforcing this type of slavery are the landowners who give their workers only basic food needed in order to survive. Presently, debt bondage is known as “the most pervasive form of contemporary slavery is debt bondage, an age-old system that afflicts the poorest of the poor.” (Britannica, 2011). Debt bondage existed for more than a century, starting in the caste system and went on to thrive in factories, cottage industries and the agricultural sector. (Anti-Slavery, 2011). Since the ancient times, peasants have been tricked or trapped into this type of slavery in countries such as India, Nepal and Pakistan. Debt bondage also had the indentured labourers confined into working on plantations in Africa, the Caribbean; and Southeast Asia where it is found to be the most prevalent.
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