Thread: Slightly OT ...
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William Sommerwerck William Sommerwerck is offline
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Default Slightly OT ...

The solution to this problem is to not buy Chinese goods. Or Korean goods,
or Japanese goods, or whatever. Another possible solution is to force China
to let its currency rise in value. A third solution is to prevent
incorporated businesses from setting up manufacturing overseas, which is
fundamentally immoral.

One of the arguments in favor of "free" trade is that each country will
specialize in whatever it does best. Baloney. All human beings are equally
intelligent and capable. As the Chinese realize that Japan's success was not
due to lower prices as much as it was to consistent high quality, they will
produce products that further destroy manufacturing in Western countries.
Just wait until they start manufacturing high-quality cars that sell for
$4000.

It is possible to imagine an inverted world in which the "third-world"
countries do most of the manufacturing, while the "first-world" and
"second-world" countries produce most of the food. (Notice I said
"imagine".)