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> That opens up greater margin for local production. It opens up a larger profit margin for local producers for sure. Production? Maybe. Maybe not. Because the
by thisisit 1y ago
> That opens up greater margin for local production.
It opens up a larger profit margin for local producers for sure. Production? Maybe. Maybe not. Because there is no incentive to produce more or better. Because the cheap bad faith actor is gone and prices can now match the export price or be just slightly below it.
>but the effect of outsourcing to bad faith actors has pushed the working class out of balance, they simply have no way of competing internationally unless by accepting a step downgrade in working and living conditions
> What you see as customer paying more is cause by government letting this shit go on for too long, and now the correction is ugly. But it not like its not needed, and at some point needs to happen before it reaches the breaking point.
You don't seem to see the contradictions in both these statements. If the prices go up and working class isn't paid as much for their effort then it is for naught. The failure hasn't been to continue outsourcing, failure has been to improve wage conditions - because market was supposed to correct it or worst case it is "socialism" to even try and raise wages.
But as always people want to test economic theories for themselves and they should. See if their lives improve under a capitalist government which is going to trample on their rights.