Comments by "Master Sonogashira" (@mastersonogashira1796) on "Nike CEO CALLED OUT Live For Human Rights Abuses" video.
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@TheEvolver311 Smith has too much faith in the open market, but he wasn’t wrong with competitiveness. American labour simply can’t compete with developing countries labour, because the cost of living and union protection. The current populist logic in America is “I want service market, but also manufacture market”. Well you need to choose one, you can’t have both. If China can’t compete with you in term of labour cost, do you rather prefer them to compete with US in financial service? IT? The industry that feeds more Americans than those “outsourced” jobs? Wake up, your country’s market is no longer suited for steal factory worker, for car manufacturers. Your factories are decade old while China is investing billions into automated assembly lines. I just don’t see why America think some Asian country stole their jobs. No, you guys transitioned, moved to a better market, or do you prefer working 5 dollar an hour for 12 hours each day, 6 days a week?
Additionally, trade with China is far more than an economic issue. Nixon befriended China to fight against USSR, which is arguably the most important geopolitical move in the Cold War era.
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