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Ehh. Consider, for example, all the terrible things that China does and yet the world continues to do business with them. TFA's situation (tourism to the US) i
by roncesvalles 2y ago
Ehh. Consider, for example, all the terrible things that China does and yet the world continues to do business with them.
TFA's situation (tourism to the US) is probably the area that will be hit the most. Outside of that, business is mostly based on economics not politics.
- stego-tech 2y agoI don't get why people think business and politics aren't two sides of the same triangle, or that economics is some holy force that is guaranteed to produce ideal outcomes 100% of the time. Companies do business with China because it was cheap, and now because they must. China could quintuple prices overnight, and nobody (outside the EU, and even then only in part) could do anything about it. Everyone else dismantled domestic supply chains for manufacturing, resource extraction and refinement, and assembly. They lack the educated and diverse workforces needed for modern labor, opting instead for a wide chasm between office workers and everyone else with little to no in between. The only reason China doesn't do this is because it'd be politically disadvantageous, which is the side of the game they're playing right now (hence the military buildup, provocation of the USA and neighboring countries, and an expansionist foreign policy). India and SEA are years away from being comparable in capacity and scale to China, and that assumes no geopolitical instability in the region that disrupts their own progress. Economics is as fungible as business and politics are at the end of the day, because they're all on the same triangle. Entities align to different parts of that triangle, sure, but there is no "sweet spot" that guarantees a given outcome, nor is there some magic force that will "fix" the balance of the triangle. Economics, politics, and businesses aren't equivalent to some "moral arc of the universe" argument - they're just points of a shape that everyone and every action must fall between, with varying outcomes.