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"Two parties (however defined) that implement a free trade agreement tend to see a rise in standard of living." You're missing the part where party A has a sta
by rsync 13y ago
"Two parties (however defined) that implement a free trade agreement tend to see a rise in standard of living."
You're missing the part where party A has a standard of living of 9 and party B has a standard of living of 4 and after the treaty they go to 8 and 6, respectively.
Yes, a rise in standard of living - but A lost and it would be completely rational for them to reject the FTA.
It's even more stark when you consider that the 9 that becomes an 8 is made up, internally, primarily of sevens-that-become-fives and a small portion of 100s that become 200s.
So yes, people railing against FTA/globalization often have no theoretical underpinning, have no clarity in their argument, and generally "don't know what they're talking about" - but they're getting fucked and they know it and that trumps the well-worded argument you're looking for.
- Roboprog 13y agoBut my standard of living index went to 200! I still don't see the problem! I just don't understand what you people are getting all worked up about. Look at the GDP! WELL SAID, sir.