Re:‘Better Yield on 5nm Than 7nm’: TSMC Update on Defect Rat...
by edge17 on Tuesday August 25, 2020 @01:44PM
(#24273904)
Yep, generally agree. Might disagree on what's too much and what not, but your point that free trade (and almost anything in life) taken to the limit will have dire consequences in other places is important. Free trade is a framework.
I find a lot of people in the US are quick to point out the problems with free trade, but tend not to look at examples of places that took strong protectionist positions and how that played out over the span of decades. Point being, there are examples to be made for either argument being taken towards a limit.
Re:‘Better Yield on 5nm Than 7nm’: TSMC Update on Defect Rat...
by __turbobrew__ on Tuesday August 25, 2020 @03:23PM
(#24275011)
I recommend taking a look at this book: https://www.goodreads.com/book/show/1032019.Bad_Samaritans
With free trade you put more workers in competition with each other pushing down salaries while capitalists can move their investment to a wider variety of places to get increased return.
Even for poor countries it is not always a good thing. China before WWII got screwed over by western capitalists owning all the industry. That is why they have the required local partners now.
I am not saying free trade is inherently bad. Just that you can have too much of a good thing. I think we are way past that in the current world and should be scaling back, not ramping up.