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Politics : Sharks in the Septic Tank
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To: epicure who wrote (3867)1/29/2001 8:51:02 PM
From: Dayuhan  Read Replies (2) of 82486
 
It makes no sense to support unions and then buy overseas goods made by non-union labor.

I'm not sure this is an entirely valid policy. It wasn't that long ago that Honk Kong, Singapore, Taiwan and Korea were dominated by low-priced sweatshop labor. They broke through that phase, and now all of them are developing much more sophisticated economies with many more opportunities for common people. They are also developing their own labor movements, but they are developing from within, not being imposed from the outside.

These countries would not have developed to the extent that they have if they had been fenced out of major markets by people concerned about their labor conditions. Most economies go through a stage when the only competitive advantage they have is cheap labor, and trying to block these countries from exporting, as some of the anti-globalization protestors are demanding, is only going to make conditions there worse. Of course there is no guarantee that countries in this stage are going to break out of it - it depends on the way they manage their affairs. This is something that they need to work out themselves, though. I really believe that trade is one of the strongest influences toward both economic and political liberalization, and I don't support trade sanctions except in the most extreme circumstances; I think they are often counterproductive, especially when imposed for extended periods of time.
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