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Exploitation? I thought this was the miracle of an unregulated free market uplifting people from economic depravity. Also the article does eventually make your
by fny 9y ago
Exploitation? I thought this was the miracle of an unregulated free market uplifting people from economic depravity.
Also the article does eventually make your point, but it's unfortunately buried in the conclusion:
> American economic philosophy has long centered on the idea that deregulation is good for businesses, whose growth will provide jobs and prosperity, which will make America strong. But that thinking was based on the assumption that we would always be holding the big end of the globalization stick.
- latch 9y agoNot your parent, but the verb "exploit" is frequently used in a non-negative manner, especially when talking about natural resources. It simply means to make use of. https://en.oxforddictionaries.com/definition/exploit https://en.oxforddictionaries.com/definition/exploit
- bluthru 9y ago>But that thinking was based on the assumption that we would always be holding the big end of the globalization stick. "We" being owners, not workers: https://hbr.org/resources/images/article_assets/2016/05/W160429_MILANOVIC_WHOHAS.png https://hbr.org/resources/images/article_assets/2016/05/W160... If fossil fuel was priced accurately (with regard to its harm) this might have never been an issue.