It’s that they are being subsidized by the Chinese government and Chinese labor markets
Government, sure. Labor markets, eh, quality of life in China is not worse than in the west in many respects.
In any case, I don’t disagree, but the obvious solution is to have self-sufficient economies not relying on external markets. The most successful example of this has been the Soviet economy, so I agree that we need protectionism but also centrally and democratically planned socialist economies.
Government, sure. Labor markets, eh, quality of life in China is not worse than in the west in many respects.
In any case, I don’t disagree, but the obvious solution is to have self-sufficient economies not relying on external markets. The most successful example of this has been the Soviet economy, so I agree that we need protectionism but also centrally and democratically planned socialist economies.