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Originally posted by pan6467
Your point is? Fair, balanced trade does promote healthy relations between countries and yes, it it a necessity to have.
. It IS EXPLOITATION AND PROMOTES HATRED. Don't tell me how that is a "free Market" because it doesn't even relate to a free market.
The only way this is a fair and balanced trade and free market is if workers would be paid the same and had the same rights and laws in Malayasia to make shoes as they would be in the U.S., otherwise pure and simple it is exploitation. Also the nations import taxes would be equal to the other. Which we don't have either as China and Japan tax our steel out of competition with thiers, yet we have little taxes on thier.
You know how to get out of taxing the US citizen so much? Tax corporations and countries imports more....... maybe the same rate they tax out goods going into thier countries would be a good starting point. Of course that's too "liberal and leftist and isolationistic thinking". The reason why that doesn't come into play is corporations would then start losing thier profit margins and the GOP (along with alot of DEMS) would lose thier campaign funding.
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This is so wrong on so many fundamental levels I don't know where to start.
So I'll start with the first part about the
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But by paying these countries workers pennies on the dollar so that companies like NIKE, Wal-Mart, and so on, can make millions is not fair and balanced trade
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If the cost of labor would be the same, then there would be no point in having other countries make the goods. As such these countries, who mostly have people making pennies PERIOD, would have less jobs and less income. They would suffer. Likewise the cost of the goods would go up, the consumer would suffer and have a lower standard of living.
And since its very late and I'm very tired and need to sleep, lets jump to the end.
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The reason why that doesn't come into play is corporations would then start losing thier profit margins and the GOP (along with alot of DEMS) would lose thier campaign funding.
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Corporations are not job creating machines of the world. They exsist to make a profit and only will succeed if they make a profit. Who the hell wants to invest in a company that doesn't make a profit? Why build a new industry if it can't make a profit since its taxed away? Why bother when you can sit at home on the dole? Who the hell do you think makes the global economy work? Sure tax away the profit, and you might as well make them state owned since before long they won't function on their own. Mmmmmm state owned corporations, where have I smelt that stench before...