> So by allowing the trade all we do is put our own, well-regulated factories out of business
Do you have any evidence for that? I doubt it.
> and instead of quality products that last we get junk destined for landfill, [...]
That seems like a decision for customers to make? If customers prefer cheaper products, who are we to judge?
> And that's before you even get into the slave labour...
I don't think that's a big economic factor. However, insofar as it is occurring, it is bad. I would suggest opening immigration more to give people around the world an alternative.
Last few decades are pretty much entirely made of evidence for that - private owners will, given insufficient barriers preventing it - move their manufacturing to the places with low labor costs. It's why almost everything you or I own has a label on it that says "made in China", and not "made in the USA".
> That seems like a decision for customers to make? If customers prefer cheaper products, who are we to judge?
Naively, yes. In pratcite, this is equivalent to letting a 3 year old choose whether they'll get chocolate or broccoli for dinner. Customers almost universally prefer cheaper products above almost anything else - including economy, environment, and their own safety. Which is why a good chunk of business-related laws in every country exists solely to remove options from which customers can choose.
You are right that Chinese manufacturing has grown a lot. But what's the evidence that this growth has anything to do with a hypothetical decline of the US? More than a century ago the US and German industrial output growing didn't diminish British output, either.
> Naively, yes. In pratcite, this is equivalent to letting a 3 year old choose whether they'll get chocolate or broccoli for dinner. Customers almost universally prefer cheaper products above almost anything else - including economy, environment, and their own safety. Which is why a good chunk of business-related laws in every country exists solely to remove options from which customers can choose.
Perhaps we should remove their opportunity to vote. When they make the 'wrong' decision when buying that mostly hurts themselves. But at the ballot box they can hurt the rest of the country and the rest of the world.
> But at the ballot box they can hurt the rest of the country and the rest of the world.
They can and they do.
In the first instance, this is why candidates are not allowed to literally bribe the electorate, and why constitutional change is harder than simply passing a new law.
In the second, it is why countries even bother trying to interfere in other countries’ elections.
Democracy is still better than the alternatives despite the failures. Oh so many failures.
Do you have any evidence for that? I doubt it.
> and instead of quality products that last we get junk destined for landfill, [...]
That seems like a decision for customers to make? If customers prefer cheaper products, who are we to judge?
> And that's before you even get into the slave labour...
I don't think that's a big economic factor. However, insofar as it is occurring, it is bad. I would suggest opening immigration more to give people around the world an alternative.