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In theory, there are couple benefits: * Cheaper products for everyone * Competition drives innovation * Lower risk of large-scale wars * Ship high-pollution
by losteric 10y ago
In theory, there are couple benefits:
* Cheaper products for everyone
* Competition drives innovation
* Lower risk of large-scale wars
* Ship high-pollution industries overseas
* Improved price stability
In practice, it falls apart because...
- US has a poor social safety net. Low-income workers often end up jobless or in even lower skilled jobs
- Globalism builds bigger corporations, which actively suppress competition
- Big direct wars are replaced with constantly simmering proxy wars
- We can't control environmental degradation in other countries