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by wrong_variable
2560 days ago
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India prior to the Brits, should be a case study in how to integrate places like the Rust Belt in US, Afghanistan into global trade. Each village was an autonomous unit of production that traded directly with nearby villages, silk road and through merchant ships with the world. ( In some cases they had their own local currency ! ) A single village could be directly linked to markets in Europe and China, or form part of a supply chain of villages to larger markets. Shenzen is similar being a SEZ, allowing it to trade directly with any unit across the globe. It is kinda ironic that we went from a more libertarian trade system to a more restrictive one, as technology helped the state exert more control. Places like the Rust belt can't directly trade with Kenya, they have to go through hordes of middle men. Same thing happens in inner India, even though its filled with excess cheap labor in close proximity. |
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> Places like the Rust belt can't directly trade with Kenya, they have to go through hordes of middle men.
"The Rust Belt" can pretty easily trade with Kenya, thanks to the Saint Lawrence Seaway. I'm sitting in my office in the "rust belt," looking out at a shipping channel that accommodates ships from Europe pretty routinely.
If we're using "middlemen," e.g. relying on rail to bring Kenyan products across Africa to one of its western ports, or relying on rail to bring those products from an Eastern US port, it's because that is inherently more economical. There aren't "hordes" of middlemen involved.