Social Capital in agriculture

s-eco-costs

In True Cost Accounting (TCA), the antisocial labor conditions are dealt with the s-eco-costs, similar to S-LCA. It comprises:

  • minimum acceptable wage (the long term sustainable wage, or the short term decent living wage)
  • child labor
  • extreme poverty
  • excessive working hours
  • occupational health & safety

See Table 6.3 below

It must be mentioned here that there are differences between manufacturing (the main subject in S-LCA) and  agriculture (the main subject in TCA, as dealt with in this webpage section):
(1) Child Labor, i.e. children are helping their parents in the fields, is regarded less severe than child labor in manufacturing plants, and become only harmful when they are deprived from education at schools
(2) Excessive Working Hours in the fields during harvesting is regarded less severe than in manufacturing plants (where it is structural during the whole year).

For descriptions, references, and explanation of the data and its background,
see the webpage of s-eco-costs.