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by danaris 29 days ago
Not if that country also legislates heavy penalties for companies that produce their goods in countries with worse labor laws.
3 comments

The economic motive for offshoring would remain (though slightly mitigated), unless that country’s demand (in each regulated sector) was much more than rest of the world’s. I personally doubt that most places are even willing to implement such legislation, given that they’re not even willing to protest PRoC’s use of slave labor and prison camps.
You're just going to Galapagos your economy. Consumers won't put up with high prices and inferior goods. Unless you want to restrict internet/information access so your consumers don't know what they are missing out on.
I dunno. Consumers put up with a lot. Why can't I buy a cheap Chinese EV again?
Well the short version is that Robert Rubin and company sold our industries for parts years and years ago. And now we have to rebuild the industrial base from scratch
That should make it possible to buy a cheap Chinese EV.

You can't because they didn't sell out completely. In fact they still have some power to protect the companies from foreign products.

The result is a mishmash of protectionism and globalization.

Nah, I live in the UK, prices are higher than eu, public service is much worse, but public are voting for the party with members that brought this about.

Humans are weird.

Voting for someone else would mean admitting you were wrong.

Paying high prices and losing your job are bad, but not as bad as changing your mind.

Almost like we needed some international worker's organization to put pressure on all relevant countries at the same time...
Hey don’t go talking crazy about some kind of global labor solidarity and collective bargaining