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Apple Not Able to Open Stores in India Without Selling 30% Locally Sourced Goods

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Re: Apple Not Able to Open Stores in India Without Selling 30% Locally Sourced Goods

#101

Post by agmohit01 »

wrong_variable wrote: post #13

Before people get out their pitchforks. These laws in India are a direct result of 200 years of British 'free' trade. Imagine the amount of damage something like NAFTA has done to the american working class - multiply that with 200 years. While america was in its infancy - before it industrialized - it too used protectionism as a way to allow its local industries to grow, how is it bad if India is trying to do the sa…

Default of student loans in India is around 8% which is about 1 Billion USD. Source http://www.dnaindia.com/money/report-banks-learn-a-hard-less...

Default of student loans in USA is around $1 trillion.

Isn't this what is called comparing Apples and Oranges.

Re: Apple Not Able to Open Stores in India Without Selling 30% Locally Sourced Goods

#102

Post by maskedinvader »

teh_klev wrote: post #71
maskedinvader wrote: post #51

Earlier quoted context omitted.

why is this downvoted ? I didn't read this as an endorsement to upvote but rather as witty response to @argonaut , unless i'm missing something else entirely here and the downvotes are warranted.

See: https://news.ycombinator.com/newsguidelines.html "Please resist commenting about being downvoted. It never does any good, and it makes boring reading." Rallying the crowd for up-votes (even for another user's post) falls pretty much in the same ballpark.

like I said, I didn't read it as a rally for upvote, but rather a witty response to the previous comment. Unless he/she actually was rallying for upvotes and I read it wrong.

Re: Apple Not Able to Open Stores in India Without Selling 30% Locally Sourced Goods

#104

Post by arey_abhishek »

argonaut wrote: post #97
arey_abhishek wrote: post #82

Earlier quoted context omitted.

Argonaut, are you suggesting that the chart shows transparency of nations?? That's inferring a lot from one chart :) I don't think America is the most transparent country in the world. Credit Suisse did the research and reported the chart+numbers. From Global Trade Alert's website: 'Global Trade Alert provides real-time information on state measures taken during the current global downturn that are likely to affect f…

Credit Suisse just copied the numbers from Global Trade Alert. Did you even look at the reports on the Global Trade Alert website? Or did you just read the "About" page? Mentioning Trump is just FUD and indirection. You can mention him if he's elected and if he manages to enact protectionist policies.

Yes I did look through GTA's site and about us page. I looked at GTA and it's a highly respected research org. And CS is a very competent investment bank. So I do believe their research.

You are attacking a straw man. Find me another data source that refutes GTA and Credit Suisse.

Peace.

Re: Apple Not Able to Open Stores in India Without Selling 30% Locally Sourced Goods

#105

Post by eternalban »

walrus01 wrote: post #74
wrong_variable wrote: post #13

Before people get out their pitchforks. These laws in India are a direct result of 200 years of British 'free' trade. Imagine the amount of damage something like NAFTA has done to the american working class - multiply that with 200 years. While america was in its infancy - before it industrialized - it too used protectionism as a way to allow its local industries to grow, how is it bad if India is trying to do the sa…

India's extremely complicated bureaucratic nightmare of inter-state borders and customs/tariffs is the fault of the British? http://www.theguardian.com/world/2015/jan/31/india-economic-... Imagine if you had cargo truck borders and customs paperwork between every one of the US 50 states and what a nightmare it would be for trucking/logistics/distribution/warehousing/cold chain/etc. Indian states have a significant de…

> India's extremely complicated bureaucratic nightmare of inter-state borders and customs/tariffs is the fault of the British?

The West's legacy of (literally) militant mercantilism is the root cause of quite a lot of issues we are currently facing in the world.

The weapons have changed. The mindset remins the same.

Re: Apple Not Able to Open Stores in India Without Selling 30% Locally Sourced Goods

#107

Post by alistairSH »

morgante wrote: post #55
alistairSH wrote: post #7

Earlier quoted context omitted.

How do Apple's products qualify as "cutting-edge technology"? Or, phrased differently, would Samsung also qualify? HTC? LG? What differentiates "cutting-edge" from "just another widget" in the consumer electronics sector?

> How do Apple's products qualify as "cutting-edge technology"? If Apple does not qualify as "cutting-edge technology" then what does? If a store is selling to consumers, it's inherently going to be not at the very edge of development. If Apple can't be approved for this exemption, this exemption makes no sense.

If Apple does not qualify as "cutting-edge technology" then what does?

When I think cutting-edge, I usually think highly specialized medical or military tech - things that a only a small set of people can design/build.

But, it is a pretty flimsy phrase and could be open to abuse. Which is why I asked if other consumer electronics companies have succeeded/failed to obtain a waiver.

Re: Apple Not Able to Open Stores in India Without Selling 30% Locally Sourced Goods

#108

Post by morgante »

alistairSH wrote: post #107
morgante wrote: post #55

Earlier quoted context omitted.

> How do Apple's products qualify as "cutting-edge technology"? If Apple does not qualify as "cutting-edge technology" then what does? If a store is selling to consumers, it's inherently going to be not at the very edge of development. If Apple can't be approved for this exemption, this exemption makes no sense.

If Apple does not qualify as "cutting-edge technology" then what does? When I think cutting-edge, I usually think highly specialized medical or military tech - things that a only a small set of people can design/build. But, it is a pretty flimsy phrase and could be open to abuse. Which is why I asked if other consumer electronics companies have succeeded/failed to obtain a waiver.

> When I think cutting-edge, I usually think highly specialized medical or military tech - things that a only a small set of people can design/build.

Sure, that is the absolute cutting edge.

But you don't need retail stores to sell specialized medical or military technology.

Re: Apple Not Able to Open Stores in India Without Selling 30% Locally Sourced Goods

#109

Post by likeclockwork »

tarikjn wrote: post #99
eru wrote: post #77

Earlier quoted context omitted.

I don't know, forced Import Substitution Industrialization ( https://en.wikipedia.org/wiki/Import_substitution_industrial... ) hasn't worked very well around the world so far.

Worthy quote from that article: "While import substitution policies might create jobs in the short run, as domestic producers replace foreign producers, economics theory shows that in the long run output and growth will be lower than it would otherwise have been. This is because import substitution denies the country the benefits to be gained from specialisation and foreign imports. The law of comparative advantage s…

I'm not sure how that would apply to veblen goods when the status they confer is tied up in actually not being produced locally.

Re: Apple Not Able to Open Stores in India Without Selling 30% Locally Sourced Goods

#110

Post by ep103 »

eru wrote: post #95
ep103 wrote: post #79

Earlier quoted context omitted.

That's in keeping with my post

Hmm, I was a bit confused by your multiple negations at the top. Also not quite sure what your point is. > That's going to be a massive decrease in competition, job growth, etc, overall [when producers move to a cluster]. Can you expand on that? I don't see how---especially if we agree that the clustering is more economically efficient. (If we don't agree on that, we need to talk about it first.)

Did you read the jacobs link in my post? Economically efficient, sure. Which is fine if the economy is healthy enough that the displaced can continue to find and invent new jobs
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