Re:Japan to fund firms to shift production out of China
by cercatrova on Thursday April 09, 2020 @08:19PM
(#22828650)
Can you blame them? It was cheaper to outsource than automate, so why wouldn't they have outsourced?
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Re:Japan to fund firms to shift production out of China
by praeter on Thursday April 09, 2020 @08:28PM
(#22828707)
I can't blame them, just like I can't blame a company for becoming a monopoly. We need to regulate them like we do with antitrust, worker's rights, and other things. The free market unabated is terrible for humanity.
Re:Japan to fund firms to shift production out of China
by ngold on Thursday April 09, 2020 @10:16PM
(#22829318)
It's worse then that, we all live in a socialist society, it's just a corporate socialism. A free market would be a fantastic start. There is a real lack of competition and innovation in our socialist model.
Re:Japan to fund firms to shift production out of China
by cercatrova on Friday April 10, 2020 @05:14PM
(#22837424)
Yes, a true free market can only exist via governmental regulation, as otherwise, companies tend towards monopolies and collusion. It would be nice to have such a market, but I do wonder how we'll get there with moneyed interests at the door.
Re:Japan to fund firms to shift production out of China
by brandonmenc on Friday April 10, 2020 @12:22AM
(#22829949)
I can't "blame" a corporation, because it's not a person.
But they are run by people, those people are the ones crafting the legal and regulatory environment that encourages this behavior, and we can certainly blame them.
Re:Japan to fund firms to shift production out of China
by cercatrova on Friday April 10, 2020 @05:01PM
(#22837327)
I can't blame the workers either. They are driven by incentives, so of course they'll fulfill their incentives. Expecting them to do the right thing without incentivizing them to do so doesn't effect any change. If you want to change them, change their incentives, whether through money, government regulation, or other.