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> sound like a conspiray theorist Well you do? It won't work as long as there's a roughly equal alternative that's cheaper/easier to produce. Free market will
by irjustin 3y ago
> sound like a conspiray theorist
Well you do?
It won't work as long as there's a roughly equal alternative that's cheaper/easier to produce. Free market will win here.
There's no way one state can force another state (aside from war) to manufacture something a particular way. It's like if I controlled the world's timber supply and said Canada must produce houses out of timber and not, say, concrete. Canada's gonna go produce using concrete unless I somehow make my timber price competitive.
- ClumsyPilot 3y ago> It's like if I controlled the world's timber supply and said Canada must produce houses out of timber This is quite naive - in fact we do this all the time * IMF provides loans to developing countries on the condition that they dont have 'socialist' policies * EU bailouts for Greece/aspain/etc. was given on the condition of sale of state assets and doing other things * The worlds ship insurance industry is run in London. Nuclear powered contsiner ships are faster, cheaper, and better in every way. Good luck insuring them. Running them without insurance is. illegal *'non-tariff barriers' - i.e. free trade negotiations - are all about aligning countries on how they manufacture/insure/regulate things like cars. Guess which econony gets the bigger say. Russia was forced to adopt Eu standards for petrol quality and engine emissions standards in 2,000's and they still follow
- irjustin 3y agoYou're right I was too flippant with my language. I was only thinking about the US and its strategic desires.
- zajio1am 3y ago> IMF provides loans to developing countries on the condition that they dont have 'socialist' policies Because these 'socialist' policies are usually the reason why these countries need IMF loans.
- JAlexoid 3y agoIMF provides loans and expects them to be repaid, having rules on government spending attached to the loans is... reasonable. Not to mention, that IMF loans are typically bailouts of governments that overspent. Same goes with the EU bailouts, but PIGS countries were already in a compact with the rest of the Eurozone. Not to mention, that governments should not own things that can go bust and drag a budget under water. As shown lately with Russian oil sales - it's absolutely possible to insure ships somewhere else, other than Lloyd's of London.
- raducu 3y ago> Free market will win here Think batteries and nuclear fusion. Extremely hard stuff, not easy to pick apples. State actors can absolutely influence the fields for decades by choosing to fund certain approaches that lend themseves to centralisation.