4 ms·

The main problem with the price-fixing demands are that they in practice ammount to "disable almost all foreign competitive advantages". The choice becomes firs

• mschuster91 3y ago
  > In practice the despondent third world gets basically nothing in the name of equity, not a good outcome or even a sane one. The objectively fair solution would be for the developed world - particularly the countries that have benefitted from slavery, colonization, theft and other crimes the most - to pay for actual restoration and to meaningfully and sustainably help these countries. Instead, the status quo is that Western countries exploit cheap labor and lax environmental laws to the detriment of the source countries in the usual rat race to the bottom - say China bans something toxic to the environment, there's always a poorer country willing to let that happen just to get an inflow of hard dollars/euros. On top of that we dump our second-hand clothes or surplus food especially in Africa under the disguise of "aids", which has completely wrecked local industries. The EU is beginning to do at least something with the supply chain monitoring regulations, but the opposition to them is fierce - it's a pure show of how profitable exploitation (or its ignorance) still is.