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Shipping things across the ocean is externalizing carbon impacts of shipping emissions. It shouldn't be nearly as cheap as it is. Also, overseas manufacturing
by AtlasBarfed 5y ago
Shipping things across the ocean is externalizing carbon impacts of shipping emissions. It shouldn't be nearly as cheap as it is.
Also, overseas manufacturing amounts to environmental law arbitrage, enabled by falsely cheap shipping costs, so you can pollute as much as you want in Indonesia or China or India or whatever and then ship it to environmentally-restricted US.
And we're enriching our enemies (China) and technologically and infrastructurally enabling them. All things that also aren't priced into the "cheap goods".
Free trade arguments also fail when China does massive government investment to block access to emergent manufacturing markets by unsubsidized countries. And they manipulate their currency.
America should be onboard with righting the actual carbon emissions cost of goods shipment, but come on, the rich are getting rich off of that in America and don't give two shits about the middle class or future prosperity of the USA.
After all, they're all buying fortress estates in New Zealand for the forthcoming collapse that they themselves are willfully enabling.