Comments by "bart thomassen thomassen" (@thomassenbart) on "Undocumented Immigrants' Impact on US Labor and Economy || Peter Zeihan" video.
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@nathangill8404 Child labor is not the same as forced or slave labor. The Dept of Labor distinguishes between the two. You should acknowledge that all nations, including our own also used child labor when industrializing.
The latest global estimates highlight
that 152 million children remain in child labor and 25 million adults and children toil under conditions of forced labor, including in global supply chains that crisscross our globe.
This is the list of goods supposedly produced in China by forced labor:
Artificial Flowers,
Christmas Decorations,
Coal, Fish, Footwear,
Garments, Gloves, Hair
Products, Nails, Thread/
Yarn, Tomato Products
Bricks, Cotton, Electronics
CHILD/forced LABOR &
Fireworks, Textiles, Toys
The People’s Republic of China has arbitrarily detained more than one million Uyghurs and other mostly Muslim minorities in China’s far western Xinjiang Uyghur Autonomous Region. (24)
It is estimated that 100,000 Uyghurs and other ethnic minority ex-detainees in China may be working in conditions of forced labor following detention in re-education camps.
So, given this information, it seems you have overstated your case. Inflation is not due to 'slave labor' nor to 'slave wages'. Certainly, lower wages in developing nations has kept prices down but that is simply a competitive advantage and often the only one such nations have in global capitalism and competition.
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@aruak321 Let's see...no, yes I have a pair of sketchers, my wife buys from Costco, no, yes, no, no, no, no, no, no.
I suppose it depends on which sourced product you are talking about. I also believe if your assertion were viable, it would be illegal to import into the USA, so I'm dubious of your claim. 307 of the Tariff Act of 1930 (19 U.S.C. §1307), which prohibits importing products that are mined, produced, or manufactured, wholly or in part, by forced labor, including by forced or indentured child labor.
Regardless, the question is about the percentage of trade that might occupy and if it is significant as a determiner of inflation reduction.
Child labor, as I pointed out, has been the norm for all nations industrialization and may be the difference between a family being able to survive or prosper or not. You insist, seemingly, that child labor should not exist, from a safe Western out post. This seems neo colonialist and hypocritical as well as immoral. Should a family starve to make you feel better?
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@davidreese6519 I said that labor and wages are relative, which necessarily means that people buy different commodities for different prices and amounts depending on the local market. This is called supply and demand basic economics.
Your phrasing is queer and is a double negative in the first sentence and difficult to understand.
People buy things depending on what the cost of the product is and their ability to pay the price. What you pay for a chicken for example, in a US grocery store, would feed a family in many countries for days. In Thailand you can eat in a medium restaurant for two, with $4, same in Vietnam, Indonesia and many other countries. This is also true throughout out Africa but you will spend even less. It's all relative. Giving someone a few coins of dirham in Morocco, can literally get them enough for a meal.
So, if people are too poor to afford any food, they starve, beg, do whatever they can to get enough money for the next meal.
You imposing restrictions on labor exacerbates these problems and solves nothing.
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@davidreese6519 You said, "You're seriously saying everybody is paid well? There are millions of workers who live in extreme poverty. Workers who are, none-the-less, receiving good wages...
So, you are misrepresenting or misunderstanding me above. First you say, "everybody is paid well? " That is not what I wrote. I said, "All wages are relative." Do you recognize the difference between the two sentences? A relative wage, means there is a difference between one wage and another, depending upon the market conditions and value of a currency in country X v. country Y. It does not assert that everyone is well paid.
So, either you are being disingenuous or you simply have difficulty understanding the concept. Which is it?
"Low-wage foreigners are not making slave wages", does not mean all again. You assume too much. In any case, a wage for a service is the opposite of slavery by definition. Do you also not understand these differences?
Slaves don't get paid. Free labor does. Whether a free laborer is paid well or not is a different topic and again is highly relative.
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