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If India were to ban the use of microchips wouldn't that create "a lot of new, local jobs"? It seems to me that technology and free trade have similar effects.
by MarkMc 10y ago
If India were to ban the use of microchips wouldn't that create "a lot of new, local jobs"?
It seems to me that technology and free trade have similar effects. If you like one you should like the other.
- preordained 10y agoSo if you outsource your labor to an Indian sweatshop, that's the progressive "global economy", but if you wanted to do run the same operation locally you are a Luddite. Hmmm...
- MarkMc 10y agoBasically, yes. What is the counterargument? Note also that there are plenty of tariffs on goods from rich countries to poor countries. For example, India's tax on vehicle imports means cars are manufactured in labour-intensive Indian 'sweatshops' instead of efficient, automated Japanese factories.