Earlier quoted context omitted.
> I personally feel bad for the environment 1 item per day is certainly not efficient, but nowadays temu and aliexpress batch things over a small period so that shouldn't really happen... > and all the people on the losing side of cheap low quality junk production Remember that taking away bad jobs does not save anyone, quite the contrary. People go from having shit jobs to no jobs, or even worse jobs with lower-prof…
> Helping them requires creating vast numbers of better paying jobs with better working condition in their country, which require redirecting vast amounts of money to those countries This was the logic under Deng, and the reason China is now a peer state. Unfortunately when doing business with communists, enriching them doesn't help the individuals move out of poverty because that would require wages to rise and that…
This argument is absolutely accurate and somewhere between two and six decades late depending on who you feel like blaming for offshoring. Present day all we're doing is poking inflation with a stick, threatening the bond market (and eventually the dollar reserve), and encouraging economic partners to look elsewhere for stability. 3 guesses how all that ends.