I don't like Freetrade.

Discussion in 'Economics & Trade' started by The Rhetoric of Life, Mar 21, 2019.

  1. james M

    james M Banned

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    it certainly fair to consumers who love buying products made by guys who make $2 day
     
  2. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    I'm simply arguing that if you argue that there should be a minimum wage, it's rather hard to argue that there should not be trade barriers.

    Obviously you don't believe there should be any minimum wage, so this argument does not apply to you.

    I still believe it's kind of inconsistent though, to have a minimum wage but at the same time not to have any trade barriers.
    Sort of like (if I can draw a parallel) one branch of the government subsidizing tobacco farmers while at the same time another branch of the government trying to discourage the public from tobacco use.
     
    Last edited: Apr 14, 2019
  3. gnoib

    gnoib Well-Known Member

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    You are dreaming and don't know how it works.
    Fair does not exist in this world.
    Never has, never will.
     
  4. gnoib

    gnoib Well-Known Member

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    Jup, US consumer love the low price Chinese products, even if they are junk, most of the time.

    Wal Mart and its competitors are full of them.
    Even the tariffs have not changed any of it. The trade deficit is at its highest ever.

    Money talks and manure walks.
     
  5. gnoib

    gnoib Well-Known Member

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    They live in fantasy world, because the real world is rather rough competition and they have a hard time to compet.

    Neither socialism or communism, or Marxism work, they are wet dreams.
    But neither does uncontrolled capitalism without a social market structure work.
     
  6. gnoib

    gnoib Well-Known Member

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    Minimum wage in Western Societies prevents exploitation of the weakest.
    In some cases it makes it possible for the weakest to get by with a 60h job.

    I live in a very rural area in CO. 7.32 or is Federal. You have to work 100h a week, with support, to make do.
    CO is at the present at 11.32 and will be next year at 12.00.
    In my county a one room flat costs $600 a month. One bedroom you are at 700 to 800.
    Living cost, despite rural, food, gas, utilities etc. are even more expensive that in a city.

    12$x40=480$

    With one little problem, minimum does not get 40h, because than the employer and employee has to deal with Health cost, the cut of is 36h.

    I am an employer, 30 years running, do they need 12 and or 15, by all means.
    Did the minimum increase hurt me or my business.
    NO, absolutely NO.

    I increased my price by the same percentage as MW increase.
    It gave me even a chance to do one year more and increase my profit.
     
  7. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    And that's not true of trade with low wage countries?
     
    Last edited: Apr 14, 2019
  8. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    If, hypothetically, we split the population in two and required minimum wage be paid to only half of them, are you ignorant enough to believe the other half would be exploited, while first half would all be paid minimum wage?
     
    Last edited: Apr 14, 2019
  9. james M

    james M Banned

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    what on earth is a social market structure?? Afraid to tell us???
     
  10. james M

    james M Banned

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    how can weak be exploited when you have capitalism? If exploited you can quit your job and get better one, obviously. Capitalism prevents exploitation while libsocialism encourages it. Notice how you got it backwards as a typical liberal.
     
  11. james M

    james M Banned

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    yes, liberals love to exploit the consumer in favor of the worker. Anybody know why?
     
  12. james M

    james M Banned

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    why? labor is often a small component of total cost
     
  13. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    I don't know what happened but it seems like you somehow might have accidentally quoted something I never posted.
    Looks like gnoib was the one who actually posted what you quoted me as saying.
     
    Last edited: Apr 15, 2019
  14. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    Are you okay with those consumers being taxed $2 more dollars a day?
    That's basically what's going to happen if they buy from China.

    Use your brain. Where do you think that Chinese money goes?
    Why do you think the U.S. spends so much on the military in the Pacific?
     
    Last edited: Apr 15, 2019
  15. The Rhetoric of Life

    The Rhetoric of Life Banned

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    Let's unionise the Chinese.
    Freetrade China out of productivity and liberate them at the same time.

    2 birds, 1 stone.

    Unions for the workers.
    Communism is a lie calling itself the worker's party not giving a **** about the worker.

    If we have everyone relativity equally well paid / or exploited, free trade can work.
    If we have free trade with economies different, and allow labour to be a market for a labour market, and give people earning 3 Euros an hour the right to earn 10 Euros an hour else where, it's saturated the jobs market.

    Free trade also undercuts local producers, in the developing world barred from protecting local produce with the EU or China, free trade dumps on these markets not paying local farmers for their produce, keeping them bound in poverty, and sanctioned if they dare refuse free trade.
     
    Last edited: Apr 15, 2019
  16. gnoib

    gnoib Well-Known Member

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    Not afraid. But I guessed that folks would know about it.
    Ever heard about a guy called Erhard, he, so to speak, invented the system.

    Ludwig Erhard, very interesting guy.
    Every European country has in some way adopted it.
    Run of the mill education.
     
  17. gnoib

    gnoib Well-Known Member

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    We can only change our ways and hope to influence other countries with our example.
     
  18. gnoib

    gnoib Well-Known Member

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    The weak can not, so they need protection, from folks like me, the employer.
    If I could I would give them 0 and pocket the money myself.
    That's how labour laws came about. To protect, from the employers greed.
    Trust me I am a greedy SOB employer, but I have enough brain to understand, why their needs to be labour laws and minimum wages.

    And please do not give me the Lib and libsocialism crap, that is for morons and the hicks of this world.
     
  19. gnoib

    gnoib Well-Known Member

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    The US consumers are liberals ?

    Really?
     
  20. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    "Changing our ways" could include trade barriers, could it not?

    People act like there has to be free trade, but there is nothing we can do in other countries when it comes to low wage labor and environmental pollution.
    It seems very two-faced to me.
     
    Last edited: Apr 15, 2019
  21. FreshAir

    FreshAir Well-Known Member Past Donor

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    agree, we need import taxes to even the playing field, it's unfair to American employees to not have protection from countries that treat their labor poorly... the only alternative is for our country to become a 3rd world country too, and I hope no one wants that
     
  22. FreshAir

    FreshAir Well-Known Member Past Donor

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    you do realize most Americans are workers right? not everyone was born rich and is just a consumer...
     
    Last edited: Apr 16, 2019
  23. FreshAir

    FreshAir Well-Known Member Past Donor

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    would you want to live in a 3rd world country or one like ours with a min wage
     
  24. james M

    james M Banned

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    Yes workers and consumers, consumers who must pay higher prices and lose jobs thanks to the higher wage. Econ 101 but still miles over a liberal's head.
     
  25. james M

    james M Banned

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    perfect illiteracy capitalism causes high wages for Americans not idiotic minimum wage laws!! 1+1=2
     

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