View Poll Results: Should we stop purchasing of China's commodities?

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Thread: Should we stop purchasing of China's commodities?

  1. #41
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    Re: Should we stop purchasing of China's commodities?

    Quote Originally Posted by cpwill View Post
    with a national security exception. trade restrictions on regimes such as Iran, North Korea, and the like can trump the desire to have a smoothly functioning economy.
    I agree in national security cases. Certain items, like weapons, should be exempted from free trade, and occasionally sanctions may be necessary. Although I feel that they are too often political with no real security concerns (i.e. Cuba), or they just simply don't work (i.e. interbellum Iraq).

    But I'm a strong supporter of free trade in most other cases. The fewer restrictions, tariffs, and quotas on products, the better off the global economy will be.
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    Re: Should we stop purchasing of China's commodities?

    truth. we've lifted how many people out of poverty since globalization? something like 400 million in CHINA ALONE???

    Developing Countries Betrayed by EU and USA

    ...Contrary to popular perception, the 1999 trade meeting in Seattle didn't fall apart because of protests. It collapsed because developing countries faced demands for environmental and labor standards without getting, in return, increased market access. If that happens in Cancun, developing countries may drop out of the trade talks. This would be a shock to the multilateral trade system. And it could end the wave of economic and political liberalization that has made life better in many parts of the world.

    During the last century, many developing countries followed inward-looking, anti-liberal policies because they couldn't tap into the world market. In the early 20th century, Latin American countries such as Argentina and Uruguay were among the richest in the world because of their agricultural exports. But in the 1930s, the U.S. and Europe reintroduced protectionism. In turn, Latin American countries turned to import substitution and state-led industrialisation, and to a succession of military dictatorships. Those policies gave Latin America a temporary economic boost after the Second World War -- but the region ran on outdated technology and insufficient market access. In the end, these nations wound up poorer. They accumulated huge debts, which still affect the world economy. And, in Africa and Asia, many states that weren't welcome in the Western markets fell into communism and all its errors.

    Some of the same is happening today and many poor countries feel betrayed. They were promised progress if they liberalized. But when they did, they weren't allowed access to the world economy. We dumped our subsidized goods in their countries. But they weren't allowed to export their goods to us. Brazilian President Lula da Silva has said that all his country's efforts and exports are useless "if the rich countries continue to preach free trade on one side and practise protectionism on the other side." South African President Thabo Mbeki has said that there is a real threat of famine in Africa, because of Western protectionism: "It remains an inexcusable shame." ...

  3. #43
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    Re: Should we stop purchasing of China's commodities?

    Quote Originally Posted by Alfons View Post
    Cheep manufacturing in China cost us millions of our working places and destroying of our countries, maybe we should stop purchasing of China's commodities, I am right, thoughts?BTW I do not talk about stealing of our technologies by China.
    Of course we should. They have very little environmental and labor laws which is how they can make products so cheap. We essentially endorse near slave labor when supporting so much of China's economy. Want green? Want fair labor practices and wages? Buy American. It costs most because we do more. Plus why should we be sending all our money to a commie nation anyway?

    I do really think that in our trade agreements and such, there should be consideration of environmental and labor laws and that should be weighed properly into the system.
    Last edited by Ikari; 05-14-11 at 08:28 PM.
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    Re: Should we stop purchasing of China's commodities?

    Quote Originally Posted by Ikari View Post
    Of course we should. They have very little environmental and labor laws which is how they can make products so cheap. We essentially endorse near slave labor when supporting so much of China's economy. Want green? Want fair labor practices and wages? Buy American. It costs most because we do more. Plus why should we be sending all our money to a commie nation anyway?
    Maybe you can identify some common consumer products still made in the US? And perhaps explain why a citizenry still in recession with stagnated wages and food/energy costs inflated by a devaluing currency would be stupid enough to pay 25% more for its consumer goods just to practice nationalism?

  5. #45
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    Re: Should we stop purchasing of China's commodities?

    Quote Originally Posted by Ikari View Post
    Of course we should. They have very little environmental and labor laws which is how they can make products so cheap. We essentially endorse near slave labor when supporting so much of China's economy. Want green? Want fair labor practices and wages? Buy American. It costs most because we do more. Plus why should we be sending all our money to a commie nation anyway?

    I do really think that in our trade agreements and such, there should be consideration of environmental and labor laws and that should be weighed properly into the system.
    Environmental and labor laws will come with economic development. Let's not forget that we didn't have many environmental/labor laws in THIS country until the first half of the 20th century. That's not because people in the 19th century were immoral or irresponsible; it's because environmental/labor laws are a luxury that countries can afford once they've attained a certain level of economic development.

    In China, they'll come with time just as they did here. If we want to help them improve their environmental and labor conditions, the best way to do it is to help them grow their economy as quickly as possible. And encouraging free trade is the best way to do that.
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  6. #46
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    Re: Should we stop purchasing of China's commodities?

    Quote Originally Posted by Kandahar View Post
    Environmental and labor laws will come with economic development. Let's not forget that we didn't have many environmental/labor laws in THIS country until the first half of the 20th century.
    Yeah, we saw what happened without them. There is no reason to say that we should operate at this point of human history without them. We need to learn from the mistakes of the past, not relive them.

    Quote Originally Posted by Kandahar View Post
    That's not because people in the 19th century were immoral or irresponsible; it's because environmental/labor laws are a luxury that countries can afford once they've attained a certain level of economic development.
    Yes, and now we have data showing why that wasn't a good system to operate under. Making excuses for other countries who want to skirt these laws in order to employ near slave labor isn't benefitial. Now we know, there is no longer a reason to repeat it.

    Quote Originally Posted by Kandahar View Post
    In China, they'll come with time just as they did here. If we want to help them improve their environmental and labor conditions, the best way to do it is to help them grow their economy as quickly as possible. And encouraging free trade is the best way to do that.
    A country still disapearing people is going to learn, eh? Well fine, but why do WE have to do business with that then? We went through this already, why should we CONTINUE to support this. This ain't the industrial revolution anymore. And quite honestly, China ain't some poor, backwater country. They got everything they need to free their people, but they don't. Supporting them isn't going to change that. Support of the status quo will not change the status quo.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  7. #47
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    Re: Should we stop purchasing of China's commodities?

    Quote Originally Posted by Alfons View Post
    Probably more as 90 % of 'ideas, intellectual property' have been already stolen by China and its countrymens in western companies.
    Is China stealing our ideas, or, just having better ideas themselves?


    "The results of the recent PISA tests, an international assessment comparing countries around the world in reading, math and science, posted extraordinary scores for students in Shanghai, China. Meanwhile, 15 year olds in the US ranked 23 out of 34 countries!"

    US loses to China in Math scores | Parenting in the Digital Age
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