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What do you mean that nobody in the US is losing sleep over it? If nobody were concerned by it, then it wouldn't be an issue it all. It seems like lots of peop
by ALittleLight 8y ago
What do you mean that nobody in the US is losing sleep over it? If nobody were concerned by it, then it wouldn't be an issue it all. It seems like lots of people, including the current administration and their supporters, are deeply concerned by Chinese subsidies.
While capitalists might have other, better, opportunities, what about American workers who have seen decades of stagnant or declining wages? American workers being constricted to service and tech jobs, and losing the opportunity for manufacturing work? Surely these people are losing over Chinese anti competitive behavior.
In the short term it seems we benefit from cheaper goods. In the long term, the risks are that we lose industries, make ourselves reliant on unfriendly foreign powers, and lose entire categories of productive labor for our workers.
Your comment looks down on nationalism in a way that I think is a bit naive. Why shouldn't Americans be concerned with the wellbeing of Americans? Are the Chinese working for our best interests? Are they working neutrally for the good of all? Or are they working in their own best interests, or the interests of their rulers?
The Chinese leadership should try to do what's best for the Chinese as American leadership should try to do what's best for Americans.