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A comment on In China Trade War, Apple Worries It Will Be Collateral Damage. Parent comment

Re:In China Trade War, Apple Worries It Will Be Collateral D... by jumpman500 on Tuesday June 19, 2018 @01:50PM (#17348803)
My hot take is that ~50 years of wage stagnation makes a country bitter. Especially when you see how well it correlates with international trade being liberalized. The people have a reason to be pissed. I'm in favor of free trade, but no politician or economist has come up with a good plan to deal with how the wealth is currently being distributed. We need better ideas, because all normal politically feasible tools haven't seemed to work. Though I wouldn't say America has tried very hard at addressing it.

https://en.wikipedia.org/wiki/Real_wages

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Re:In China Trade War, Apple Worries It Will Be Collateral D... by r00fus on Tuesday June 19, 2018 @02:57PM (#17349348)
You know what, screw globalism. All it does is let capital flow where people can't so unless your capital purchasing power exceeds your future labor output, you're going to lose out to foreign labor.

Hint: that's most of us.

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Re:In China Trade War, Apple Worries It Will Be Collateral D... by klipt on Tuesday June 19, 2018 @05:59PM (#17350625)
That's why the EU enshrines freedom of movement for people as well as capital within its borders.

But I doubt many Americans would support global freedom of movement...

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