Lax regulation made it cheaper for China to outsource pork production to the US
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Re: Lax regulation made it cheaper for China to outsource pork production to the US
#2Globalization: it works both ways! We can exploit rural Chinese and they can exploit rural Americans.
Re: Lax regulation made it cheaper for China to outsource pork production to the US
#3Globalization: it works both ways! We can exploit rural Chinese and they can exploit rural Americans.
Exploitation? I thought this was the miracle of an unregulated free market uplifting people from economic depravity.
Also the article does eventually make your point, but it's unfortunately buried in the conclusion:
> American economic philosophy has long centered on the idea that deregulation is good for businesses, whose growth will provide jobs and prosperity, which will make America strong. But that thinking was based on the assumption that we would always be holding the big end of the globalization stick.
Re: Lax regulation made it cheaper for China to outsource pork production to the US
#4Globalization: it works both ways! We can exploit rural Chinese and they can exploit rural Americans.
Yes exactly. And rural areas have lots in common -- education levels, availability of labor, economic and political incentives for development, etc. The only things that really vary are availability/reliability of power & natural resources, and regulations that may help (e.g. ability to legally enforce contracts with vendors) / hinder (environmental, labor, etc) business.
Re: Lax regulation made it cheaper for China to outsource pork production to the US
#5Globalization: it works both ways! We can exploit rural Chinese and they can exploit rural Americans.
And when we decide this is an inconvenient arrangement and no longer in the national interest, we'll just steal the asset back from China against their will with minimum or no compensation, like they routinely do to Western corporations (see: Yahoo & Ant Financial). That's how it works, right?
Re: Lax regulation made it cheaper for China to outsource pork production to the US
#6Globalization: it works both ways! We can exploit rural Chinese and they can exploit rural Americans.
As jobs and talent have flocked to American cities, once-prosperous rural communities are finding their primary competitive advantages are desperate residents willing to work cheap, and local Republicans ready to extend tax breaks and slash regulation.
American companies have long taken advantage of these trends.
A leaked report from the 1980s, which was prepared for a waste-management company seeking a community for "locally undesirable land use," listed the "least resistant personality profile" as: "longtime residents of small towns in the South or Midwest," "conservative," "Republican" and "advocates of the free market."
Re: Lax regulation made it cheaper for China to outsource pork production to the US
#7I don't care what the article says, couldn't the headline have used "shit", "bad" or anything else instead of "developing world"? (despite being thick-skinned) I find it offensive
Re: Lax regulation made it cheaper for China to outsource pork production to the US
#8Very Easy solution: Classify this type of meat manufacturing business as highly polluting and TAX it a lot until they become clean and green, ONLY then lower taxes. Yes short term it will increase meat prices, so what? Folks will be forced to eat more veggies which is a good thing.
Re: Lax regulation made it cheaper for China to outsource pork production to the US
#9This has always been what sticks in my mind when people talk about "job creation" to help rural Americans. We go to these old timey industries (farming/mining), update the technologies involved in them to better help the businesses, and then exploit the living hell out of some human labor to keep profits very high and the cost of the product super low.
Regulations aren't there to "kill business", they're there to keep us from backsliding into serfdom and child labor. A byproduct is hindering business, but useful regulation should weigh the societal costs and determine that the businesses need to be slowed/hindered for the greater good.
Re: Lax regulation made it cheaper for China to outsource pork production to the US
#10Bizarre headline. North Carolina has been an agricultural extractive export economy with all that goes along with that since the founding of the state. This isn't China, this is NC doing it to itself.
It doesn't help that NC has developing world levels of corrupt gerrymandered politics.