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Sure, we don't have to be competitive with China on manufacturing, but that is hardly the fault of neoliberalism, which was the subject of discussion. It's quit
by energy123 1y ago
Sure, we don't have to be competitive with China on manufacturing, but that is hardly the fault of neoliberalism, which was the subject of discussion. It's quite squarely the "fault" of anti-neoliberal policies like immigration restrictions and minimum wage. We could have had Chinese workers on Chinese wages on Western soil making widgets for Western firms, basically a neoliberal wet dream, but that was prevented by anti-neoliberal policies.