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This is as if the Pope came out with ''you know, maybe that Jesus thing we have been pushing for centuries is a bit iffy''.
At the rate this pope is going that isn't too much of a stretch.
This is as if the Pope came out with ''you know, maybe that Jesus thing we have been pushing for centuries is a bit iffy''.
Farmers getting subsidies: "It's not welfare if you're working hard!"
Retail workers getting SNAP: "If you had a real job you wouldn't be on welfare!"
Globalization is great for people who earn $1 a day. It's awful for the developed world.
If $1 an hour is the "winning formula" in comparative advantage, then the quality of life will drop DRASTICALLY further than the benefit you get from slightly cheaper products... Which really are sold to you at the same fkn price as they were when everything was made in the first world, of course. Oh who are we kidding, things are more expensive now. But maybe YOU are Walmart.Right, its awful to be able to buy cheap things at decent prices from all over the world, it would be so much better with virtual monopolies run by crony corporations.
Youre beyond help nothing if what I said nor have said has been supporting of the Super rich. Also what I posted would be against what the super rich are about. GTFO you're a buffoonYeah, bro, extreme wealth inequality and the billionaire class are the only things protecting us from globalization.
It's not an either or. You can have slightly higher prices and higher wages. Yes TVs and the such would be proportionally more expensive, but other things like housing would be more affordable. Much more so, as would companies ability to grant benefits outside of wagesRight, its awful to be able to buy cheap things at decent prices from all over the world, it would be so much better with virtual monopolies run by crony corporations.
Oh who are we kidding, things are more expensive now.
The price of TVs came down recently. I sold appliances around 2003-2006, and all those foreign made TVs were super expensive. Per wages, things are on average more expensive. Are the clothes at Dicks less expensive than the American made clothes at MC Sporting goods in the 1970's and 80's? Of course not. They are more. Same with shoes. Electronics would have come down in price no matter where they were made.What things?
I'm not a supporter of the neoliberal reforms of the '90s (notably due to the corrupt and incompetent implementation of privatisation, regressive taxation such as the introduction of the GST, trade liberalisation with no effort to compensate for the human impact, loss of industry or environmental impact in developing nations, and the overall impact of massive increases in capital mobility without labour mobility to match in losing the hard won benefits of organised labour), but without a doubt globalised production has reduced the prices on electronics, vehicles, clothing and food.
On the other hand privatisation has not lead to cheaper electricity costs, improved healthcare, improved internet or otherwise better utility services here. Just the opposite.
The price of TVs came down recently. I sold appliances around 2003-2006, and all those foreign made TVs were super expensive. Per wages, things are on average more expensive. Are the clothes at Dicks less expensive than the American made clothes at MC Sporting goods in the 1970's and 80's? Of course not. They are more. Same with shoes. Electronics would have come down in price no matter where they were made.
You know what store literally has the most products made in America? Dollar Tree. America and Canada.. Most of it.
I haven't slept all night so I'll respond later lol. I need sleep!!Must be a localised phenomenon, because that's certainly not the case here, and none of the calculations I can find support your assertion.
We (Oz) lost our local vehicle manufacturing industry, but car prices have come down considerably since. Prices on solar panels plummeted when production was ramped up in China. Clothing is cheaper across the board (although clothing prices were always high here compared to the US). Milk prices have plummeted. Semiconductor prices have repeatedly plummeted (a trend started back when Japan took over as the largest source in the '80s).
Of course it's all still subject to supply and demand, but the sheer economy of scale has meant even somewhere like Australia where shipping costs are massive and the population size is proportionally tiny, still gets cheaper products from globalised production.
lol I was thinking the same thingIMF? The Impossible Mission Force is real?
It is the second.Clarification I could be wrong but I never thought of IMF as full on derpatarian. Are they/were they advocating flat taxes and tax cuts for the top as a universal policy or was it more in combination of policies aimed at addressing highly regulated / closed off underdeveloped economies?
It is the second.
They give out loans to countries with shit economies with the only strings attached being that they remove dumb regulations, cut taxes, and become more transparent
A lot of the worst economies that need those loans have high tax rates.
But suddenly this means that it’s all over for the IMF.
If $1 an hour is the "winning formula" in comparative advantage,
then the quality of life will drop DRASTICALLY further than the benefit you get from slightly cheaper products...
Which really are sold to you at the same fkn price as they were when everything was made in the first world, of course.
Oh who are we kidding, things are more expensive now. But maybe YOU are Walmart.