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re: Why is the west melting over Chinese "overproduction"?
Posted on 5/7/24 at 12:20 pm to Indefatigable
Posted on 5/7/24 at 12:20 pm to Indefatigable
quote:
Is state-run companies flooding the market with cheap unregulated shite the free market?
Depends. Is the state run company using slave or forced labor to produce those goods? If they are, I’d say it’s not a free market and akin to stealing something from someone and reselling it to someone else. If the labor used to produce those goods is voluntary, it’s a free market.
1
Posted on 5/7/24 at 1:07 pm to thebigmuffaletta
quote:
Depends. Is the state run company using slave or forced labor to produce those goods? If they are, I’d say it’s not a free market
A free market is unilateral.
If these dumbass union baws were smart, they'd buy cheap chinese components, add value, mark up and get rich.
Most of the stuff that says "made in the USA" is loaded with Chinese components. Businessmen are smarter than Union flunkees.
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