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by to11mtm 1869 days ago
If a developing country handled all environmental regulations, etc. there would -still- be a profit to be had, unless shipping winds up negating that profit. Logically speaking a less developed country will still have lower overall wages.

While this means the countries may develop slower, they will likely/hopefully wind up with less concentrated wealth (hiring more workers instead of a few people pocketing all the profits.)

I would hope that such taxes would be used towards environmental or humanitarian efforts, to be a proper 'offset' tax.

Doing so will likely result in some short term shocks, but a more sustainable society overall. My hope is that when prices would go up in such a scenario, consumers would again care about how long something lasts in big enough numbers that we have a less disposable society.