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But it’s not. It’s funding more robots for the Mexican plants, which means fewer jobs for Mexican auto workers. So some workers will do better, others worse. An
by valuearb 6y ago
But it’s not. It’s funding more robots for the Mexican plants, which means fewer jobs for Mexican auto workers. So some workers will do better, others worse. And American consumers pay higher prices, so they are worse off.
- colechristensen 6y agoAre the robots cheaper or more expensive than human workers? There is some broken thinking that high wages will increase consumer cost but replacing humans with cheaper robots won't, cherry-picking armchair cause-and-effect thinking to fit a "this is bad" narrative. Reducing trade frictions forces economic equality, especially when that reduction is tied towards some equality metric, like wages. Products being cheap because of economic disparity in trading partners isn't something to celebrate or bemoan the loss of. What is good for our neighbors is good for us. So many people are arguing from both sides at the same time.
- valuearb 6y agoThe more you are forced to pay workers, the more attractive robots become. The jaw of comparative advantage tells us that unrestrained trade benefits both parties. It means we get to deploy our workforce into higher value and higher paying jobs, while they get to increase their standard of living as well.