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"In any way, we must give up the added value" Often the added value is just not caring about people far away dying. Fundamentally a lot of low labor goods are
by VLM 10y ago
"In any way, we must give up the added value"
Often the added value is just not caring about people far away dying. Fundamentally a lot of low labor goods are offshored because the toxic waste dump is someones backyard, if employees die due to lack of safety gear that's simply not an issue, etc.
If we were honest with ourselves we'd use trade policy either to foist the EPA and OSHA on the entire planet, or remove them as a restraint against locals. People usually are not honest with themselves of course.