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Then I agree. But, one of the sources of inequality is labor arbitrage by the capitalist class. Tariffs decrease the utility of that arbitrage.
by hippo22 1y ago
Then I agree. But, one of the sources of inequality is labor arbitrage by the capitalist class. Tariffs decrease the utility of that arbitrage.
- SR2Z 1y agoTariffs decrease that utility by decreasing the utility of all imports, even the ones that were supporting domestic employment. It's not 1910 anymore. The US is integrated into the global economy and many if not most jobs export to a global audience. Do you want to hurt the labor arbitrage that allows us to support advanced manufacturing?