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I am fully aware that it has lifted literally hundreds of millions of the Chinese peasantry out of poverty but it is not the responsibility of the American peop
by ihsw 10y ago
I am fully aware that it has lifted literally hundreds of millions of the Chinese peasantry out of poverty but it is not the responsibility of the American people to achieve this.
I would wholeheartedly support this if and only if each and every Chinese citizen paid their fair share of taxes to the US, but obviously that will never happen.
The US is being hosed.
- hx87 10y agoThen should have explicitly defined "everybody" as "everybody in the USA/developed countries". The US as a whole isn't being hosed. The USA as a whole benefits from trade with China, but a significant subset of its population is getting hosed because of inequalities in ownership of companies that benefit from the trade. Now if we made sure that every American worker owned shares in those companies, everyone, including workers, would be better off than if there were no trade.
- barney54 10y agoThe US isn't being hosed, however some in the US are being hosed by globalization.