Cycloptichorn wrote:Yeah, but when the competition is cheating (charging much lower rates due to their lack of respect for human life/environment/crappy economy) then it isn't fair for American companies. To ignore these facts, as well, shows no regard for human life whatsoever.
1) It isn't America's business to prescribe how highly other countries should value their environment. You wouldn't like Europe to boycott America for its refusal to ratify Kyoto, so maybe you should refrain from boycotting foreign countries for pursuing their own environmental policy rather than yours.
2) There's a cornucopia of examples where authoritarian Third World regimes engaged in free trade with the First World and became much more democratic and free as a result. From the top of my head, I can think of South Korea, Taiwan, and, to a lesser extent, China. On the other hand, there is
no example where the West tried to use embargoes and tarriffs to enforce human rights, and succeeded. The most dismal failures were Iraq in the 1990s and Cuba since the 1960s.
Cycloptichorn wrote:Now, a logical extension of your argument is that since it is nearly always cheaper to produce manufactured goods in other countries, we should. According to you it is better for, well, everything if we let the market sort itself out.
I can't speak for georgeob1, but in the case of trade, I agree.
Cycloptichorn wrote:What happens though when there ARE no more manufacturing companies in America? Our economy becomes extremely unstable would be my guess.
You guess wrongly. To start with, this will never happen because if
everything is cheaper to produce offshore, the exchange rate of the dollar would fall. It would keep falling until the market value of everything America sold abroad equaled the market value of everything America bought from abroad at that exchange rate.
Moreover, even if this did extinguish most of the manufacturing industry, America's economy would do just fine by importing manufactured goods and exporting services like banking, consulting, and entertainment. There is nothing special about manufacturing in terms of economic stability.[/quote]