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ConfuciusSay | 10 years ago
As for why this study didn't focus on the benefits - maybe because there weren't any? Or maybe it's because the benefits mostly went to the executives of large multinational corporations who are lobbying for these deals?
netheril96|10 years ago
The other comments have said plenty about the benefits, the most obvious being how cheap your daily goods are nowadays, effectively boosting the purchasing power of every American. In addition, had computers and smartphones not been so cheap because of the Chinese workers, the whole Silicon Valley bubble probably would never have come into existence.
> it's because the benefits mostly went to the executives of large multinational corporations
Why should the benefits of the executives be discounted? Perhaps you believe that the rich should not be made even richer; rather, the poor should receive the most benefits. Then why do you think that American workers, orders of magnitude richer than the Chinese, should be made even richer?
jokoon|10 years ago
Because that's in the interest of their fellow citizens, since those citizens can vote to influence decisions that concern them, not the chinese. I don't think an american want a chinese to fail, but I don't think an american citizen really holds the fate of chinese people, and I don't think anybody should pretend otherwise. That's mainly about doing things that concerns you, and things that you can reach. The state of the chinese economy is in the hands of the chinese.
What I mean is that those decision are beyond the grasp or citizens and politicians. People should care about their own first, others second. Trade is fine, as long as there is no loss on your side. Maybe some want to believe that the world is one uniform place, but the reality of politics say otherwise. Sometimes you have to come back to basic strategy and realities.