A fantasy that explains Globalism « Jon Rappoport's Blog
Posted by UncommonSense 9 years, 9 months ago to Economics
This article explains why things are the way they are in the crony business dealings we have been witnessing. Should any of what the author says brings doubt: then do some homework to verify if what he claims is untrue. The question is, is there anything any of us can do about it?
There is the issue of predatory labor practices, but many times these overseas factories are heavily automated and they are moving because business can be done faster in those environments.
Protectionism is designed to allow you to ignore market reality and acts as a tax on the consumer. If you want to protect your local workforce, then you need a regulatory system and infrastructure designed to help business.
If, on the other hand, you have lots of taxes on business and are pricing electricity out of range, expect business to move.