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> The parts of the economy that it hurts are the ones that aren't doing so well, and it benefits the already rich. I don't like to participate in weird economi
by saint_fiasco 10y ago
> The parts of the economy that it hurts are the ones that aren't doing so well, and it benefits the already rich.
I don't like to participate in weird economic oppression Olympics, but the recent Brexit-style populism is a First-World problem. Third World countries are trying to get into industrial economies too and that's why there is more competition now. They want good standards of living too.
- jimmywanger 10y ago> They want good standards of living too. That's the problem in a nutshell. In the very short run, economic well-being is a zero sum game. Eventually, globalization might lead to more jobs in the grand scheme of things. People don't care about "eventually" or "the rest of the world". They have bills to worry about, and they don't care what the Third World countries want. (Pet peeve. Third World technically means countries not aligned with either the US or Russia during the cold war.)