4 ms·
Isn’t that like the whole point of globalization? It’s an equalizer for all countries in the world. For the US to realistically stay competitive in rare earths
by turtlecloud 7y ago
Isn’t that like the whole point of globalization? It’s an equalizer for all countries in the world. For the US to realistically stay competitive in rare earths it has to run similar tactics that other countries with less environmental regulations use. It’s a race to the bottom.
The same could also be said about wages and income inequality. I don’t see how globalization will prevent the bottom half of the labor force from competing against Indian peasants.