afransen
Senior Member
China is starting to suffer offshoring, too. Now more and more manufacturing is moving to other, cheaper places such as India and Vietnam.
The problem with extremist "free traders" is that they hold a double standard.
China is starting to suffer offshoring, too. Now more and more manufacturing is moving to other, cheaper places such as India and Vietnam.
Why are you guys so opposed to the Chinese subsidizing goods for us to buy? It means we can get goods that are cheaper than what they cost to produce.
Why are you guys so opposed to the Chinese subsidizing goods for us to buy? It means we can get goods that are cheaper than what they cost to produce.
I do take issue with countries that don't capture externalities that affect the rest of the world. One example is CO2 emissions. If we put a price on CO2 emissions, I would definitely support an equivalent tariff on goods from jurisdictions with laxer laws, at least in energy intensive industries.
So sewing jeans for 12 hours a day making $1000 annual income is worse than being a peasant who at best can make $300?Its not a good argument to say that the Chinese are better off sewing jeans 12 hours a day for a few dollars today than they were 30 years ago.
Of course few people believe the WTO is fair. What's the argument? That Indian people deserve nothing more than western charities?To make that argument means we shouldn't question the WTO or any trade policy, its simply a cop out and hurts everyone.
Right now no nations are with power. At least not absolutely, which is something GWB learnt the hard way.We can have trade and have fairness in the system at the same time, and that fairness only comes from those who are in nations with power to exercise that power for fairness. To not exercise the power we have is not just laziness, but its going to come back to bite the west.
Who's you to say which countries are "civilized" and which aren't?In order to make trade more fair and better for everyone does not mean you have to make people in less developed societies dependent upon charity from the civilized world.
So by sending those millions of Chinese factory workers back to the farm making $300 a year, you're improving their lives?On the contrary, fair trade would raise standards for people in these nations thus even lessen the need for "charity" as you see it.
I'd like to see an alternative to the status quo, but no country has ever developed without a period of dirty and cruel industrialization. Except Iceland, but now they're paying the price.Its a faulty argument, and its a trade argument that is thrown around too lightly.