Quote:
Originally Posted by milomilo
Yes. And that's all there is to it really. We could implement policies to prioritize national production and consumption, but it would make us vastly poorer, which is why developed countries have moved away from those policies. Unfortunately, Trump is moving the USA in the opposite direction and this faulty economic thinking is gaining popularity. But while the US economy is large, diverse and strong enough to withstand some economic nationalism, Canada's really isn't. I'll take the slight hit on my 'national pride' and eat Chinese oranges rather than Canadian ones if it means I can afford to eat.
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I understand the concept, and why it makes economic sense to do so. It would be interesting to see data comparing both situations, but I'm sure such data doesn't exist.
However there has been a price to pay with the global economy with much manufacturing being moved to countries with low pay rates, and little to no regulations for worker health and safety or environmental controls.
So, now we don't manufacture much of anything anymore so that our stuff can be made in places where the workers and the environment are treated like crap... all so that we can get cheaper stuff to support our relatively cushy lifestyles.
And, relying on other nations with less-stringent standards for food production to supply our food does not seem like a good idea, nor does it seem good to economically depend on nations that have questionable ethics (i.e. China) to export our products to. It's not about national pride, per se, but more about supporting our local producers and hopefully eating food with less crap in it. Presumably this would also pay off in decreased healthcare costs (if such chemicals were be linked to specific illnesses - if anybody cares to do the research), which would help offset some of the negative economic effects.
I'm not talking about going Trump here (I despise the man and the state of US politics of the past few years), but there has to be a better balance than having our farmers lose their shirts over political struggles, increasing pollution (or to be more current - affecting climate change) by shipping stuff continually all over the planet), etc. etc.
But basically, I'm saying that almost all of our priorities go towards the economy, whereas it would perhaps be better if we considered other priorities over economics in some (perhaps many) cases.
I realize I'm getting off the topic of the west hating the east, so I'll leave it off here.