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re: Deindustrialization - Have We Become a Poor Country?

Posted on 12/17/23 at 11:38 am to
Posted by crazy4lsu
Member since May 2005
36430 posts
Posted on 12/17/23 at 11:38 am to
quote:

Free trade was never free trade though. These agreements were long and complicated


That’s how all FTA’s are.

quote:

in the case of China, the Chinese government heavily supported the development of their industries


Do you think other governments do not do that? The US, Japan, Taiwan, and many others have long histories of the state essentially guiding capital investment.
Posted by thebigmuffaletta
Member since Aug 2017
13176 posts
Posted on 12/17/23 at 12:40 pm to
quote:

Do you think other governments do not do that? The US, Japan, Taiwan, and many others have long histories of the state essentially guiding capital investment.


The US and Japan haven’t done it to near the level China has. The US and Japan also don’t practice forced labor like China does.
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