3 ms·

I don't understand, disincentive for who, to comply with what?

• sokoloff 6y ago
  If China would make themselves less competitive "by enforcing equivalent, high working standards across the world", they have clear disincentives to enforce compliance.
  • 0x262d 6y ago
    Oh, yes. That's been used to drive down the standard of living in the US (including within it) forever. That's why competition is bad for labor. The only real escape from the market's race to the bottom is a democratically planned economy IMO.
    • sokoloff 6y ago
      Competition is both good and bad for labor. It’s bad for labor-as-suppliers. It’s good for labor-as-consumers.