Author Topic: Chinese tech billionaire warns against ending trade.  (Read 1862 times)

Offline Polar Bear

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Chinese tech billionaire warns against ending trade.
« on: February 05, 2017, 08:42:22 PM »
I was taught that trade was created to reduce the chance of war.  It's interesting to hear it again.

http://www.businessinsider.com.au/jack-ma-if-trade-stops-war-starts-2017-2


Offline FreeLancer

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Re: Chinese tech billionaire warns against ending trade.
« Reply #1 on: February 05, 2017, 08:54:34 PM »
I was taught that trade was created to reduce the chance of war.  It's interesting to hear it again.

I was taught a similar quote, "When goods don’t cross borders, soldiers will."

Offline NWPilgrim

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Re: Chinese tech billionaire warns against ending trade.
« Reply #2 on: February 05, 2017, 10:57:26 PM »
Trade is good, but it can also be used to oppress.  The globalization of trade in the last 20 years agreements is all about making it easy for multi-national corporations to relocate labor costs to cheap countries with few labor/safety/environmental constraints, and easy access to big consumer countries.  That is, to make nations irrelevant to the MNCs so they can operate unhindered at a global level, while throwing up regulations that make it nearly impossible for small local companies to compete.  We have about 97 million Americans out of the workforce right now.  Our manufacturing base has been severely eroded.  Globalists like to talk up the sunshine and roses aspects of "free" trade while their real intent is to drive labor costs worldwide down to level of Mexico and China and consumer prices up to the level of US/Europe.

We need to quit making treaties that favor multinationals and start making treaties for what is best for our nation's industrial base, workforce skills, small businesses, and control of our own policies.  A small business has an inherent interest in the success of its home nation.  A multinational wants to erode the control and self-determination of every country it is involved in, contrary to its publicity messages of community services, by making it subservient to a non-elected world governing body (UN, WTO, etc).

Offline Chemsoldier

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Re: Chinese tech billionaire warns against ending trade.
« Reply #3 on: February 06, 2017, 12:08:22 AM »

We need to quit making treaties that favor multinationals and start making treaties for what is best for our nation's industrial base, workforce skills, small businesses, and control of our own policies.  A small business has an inherent interest in the success of its home nation.  A multinational wants to erode the control and self-determination of every country it is involved in, contrary to its publicity messages of community services, by making it subservient to a non-elected world governing body (UN, WTO, etc).

How do we accomplish that goal of not making treaties that favor multi-nationals? 

Offline NWPilgrim

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Re: Chinese tech billionaire warns against ending trade.
« Reply #4 on: February 06, 2017, 12:09:01 PM »
How do we accomplish that goal of not making treaties that favor multi-nationals?

Allow US manufacturers to compete on a level field for US and foreign consumers.  Right now many overseas companies do not have to comply with the same level of overhead burden of regulations for child labor, safety, environment, taxes, licensing, etc that US companies do.  Heck yes, China and Mexico can produce goods cheaper because they pay much less to the worker and government, and they have much less red tape.  It is a wonder we have any US manufacturers left.

My understanding is that libertarian ideology is not meant to drive a one-world community.  It intends for the interaction of competing entities: individuals, companies and importantly, nations.  A nation should have few internal regulations and taxes and get most of its revenue from imports.  We are nearly upside down on this now in the US.  We should make it so that if you want to compete in the US, then you have to manufacturer in the US or pay high import duties on everything.

*  Greatly reduce the regulations burdening US companies (this is a test of your libertarian souls :) )

*  Significantly raise import taxes country by country (not same across globe or region) to counter real life imbalance of using prison labor, child labor, lack of regulations, govt subsidy, etc.  This has to be totally disentangled from political and military strategy and favors.

*  Make trade treaties that also give US companies equal access to trade partner's consumers.  This is less important because the US is the the golden calf of consumerism.  Therefore, our focus should be more about leveling the field for our manufacturers.  Currently "free trade" treaties are more about giving unfettered access to consumers and not much about making manufacturing field level.