And no, I am not a Trump supporter just because I call out free trade

Posted by DearMyFutureSelf

11 Comments

  1. Some African warlord oppresses his population to sell things, better isolate the country and pretend nothing happens I guess.

    Free trade and cooperation between countries helps expose that kind of shit. There are many cases when countries reform their institutions and improve conditions because they dont want to be left out of trade with rich nations.

    Sweatshops aren’t bad, btw.

  2. TouchTheCathyl on

    It literally has. Have you ever been to mainland China? Accepting China to the WTO has transformed millions of lives there. I know. I’ve been. I’ve played StarCraft with people who grew up without running water.

  3. inflation_checker on

    Sort of tangentially related to OP’s post.

    How do developing countries move up the income scale? It feels like, intuitively, already-developed countries would have a tremendous advantage in production of pretty much any good, making it very difficult for middle and high income industries to get off the ground in other places around the world. How do developing countries escape the crude industry and resource extraction black hole without protecting infant industries?

    Just curious. I don’t know anything about economics.

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