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Except that people who are globally competitive have no incentive in participating - they can earn on a global market and enjoy the cheaper/better goods provide
by moonchrome 11y ago
Except that people who are globally competitive have no incentive in participating - they can earn on a global market and enjoy the cheaper/better goods provided by others.
- lumberjack 11y agoWell that's what trade deals are for. You can convince a subset of those "globally competitive people" to participate by vowing to buy their services over those of their competitors. They lessen their risk of finding work and you get a larger economy. You don't need everyone to participate, just a big enough economy. Also one distinct advantage over a country doing the same thing, is that you can choose who can participate or not. So once you reach the level of adequate manufacturing for a certain good you can restrict participation of people offering the same service/skill.
- moonchrome 11y ago>You don't need everyone to participate, just a big enough economy. That might work for Amish but unless you plan on learning how to churn your own butter and know someone who can print a CPU on to silicon wafer in their garage I doubt it translates well to the real world. As a software engineer this should be obvious to you - writing a software service/program can solve a problem globally - few people can solve a problem for hundreds of millions - specialization, automation, IT all changed how things scale - I don't need to grow my own food anymore, farmer gets to enjoy social networking, video streaming and games - win/win. What you're suggesting is that we duplicate the work being done or do it sub optimally so that we can benefit people who aren't competitive.