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by ed_balls 3355 days ago
and how would you implement that?
2 comments

Yeah, it's a tough problem but perhaps restrictions can be placed on multi-national corporations. Using Apple as an example; trade agreements would be setup such that Apple, being a US company, could sell iPhones abroad but they wouldn't be allowed to design or manufacture iPhones abroad.

They would be allowed to import the components for the iPhone from foreign manufactures but the design and assembly would be restricted to the U.S. They wouldn't be allowed to setup shell corporations abroad to handle component manufacturing or distribution. Distribution would need to be handled solely by companies within the importing nation.

Basically free and open trade but with clear national boundaries... Put restrictions on the rent seeking.

Well the UK creates laws so that banks can't lose out, why can't we do it for the rest of the country instead of just the fat lazy bank owners?