Re:Ocean shipping rates have plunged 60% this year
by otikik on Wednesday September 07, 2022 @06:10AM
(#32748723)
The alternative is building and sourcing things locally. This might not be feasible in the case of key primary materials (can’t build cars if there’s no steel) but a lot of manufacturing was moved overseas simply because salaries there were lower (which is changing) and the environmental laws were weaker (which is also changing). It’s not inconceivable any more that local is preferable to outsourced, and it might even be cheaper in some cases.
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Re:Ocean shipping rates have plunged 60% this year
by 988747 on Wednesday September 07, 2022 @06:39AM
(#32748876)
We already tried that strategy... in Middle Ages. World has moved on to globalized trade for a reason.
Re:Ocean shipping rates have plunged 60% this year
by hpkuarg on Wednesday September 07, 2022 @08:52AM
(#32749899)
See North Korea for a contemporary example of a country that produces everything internally.
Re:Ocean shipping rates have plunged 60% this year
by ludjer on Wednesday September 07, 2022 @09:55AM
(#32750690)
Taking north Korea as an example is not a good idea. Also they still import allot through backallies. I don't see anything good from north Koreas way of doing things unless we want to go back 200 years
Re:Ocean shipping rates have plunged 60% this year
by jupp0r on Wednesday September 07, 2022 @10:12AM
(#32750906)
It’s an example of a country with constant shortages of basic goods including food.
Re:Ocean shipping rates have plunged 60% this year
by boredumb on Wednesday September 07, 2022 @10:31AM
(#32751123)
The amount of global trade in the middle ages was enormous, literally from Europe to china with the middle east in between. If anything the laissez faire spirit of global trade was more alive in the middle ages.
Re:Ocean shipping rates have plunged 60% this year
by oblio on Wednesday September 07, 2022 @10:59AM
(#32751522)
Global trade has exploded since we adopted the shipping container and it's been just the latest thing in a long list of conventions.
I highly doubt that even per capita medieval folks were trading more than today.
Re:Ocean shipping rates have plunged 60% this year
by ClumsyPilot on Wednesday September 07, 2022 @07:40AM
(#32749295)
this is a very silly comparison, why not compare to the vikings then, or cavemen, how did they get their iPhones?
Re:Ocean shipping rates have plunged 60% this year
by YesWeWill on Wednesday September 07, 2022 @07:53AM
(#32749416)
That's the point, they didn't. You won't get your iPhone without globalized trade.
Re:Ocean shipping rates have plunged 60% this year
by kaybe on Wednesday September 07, 2022 @09:20AM
(#32750189)
There was very far-reaching trade since the beginning of time. It just had to be carried by people and animals, and accordingly you only find small precious things traded far around the continents.
I just read 'The dawn of everything' and it seems that knowledge about the past has been evolving quite a bit in the past few decades. Societies still cling to the old myths of progress and premeditated development from hunter-gatherers in small bands over cities to kingdoms to states, but this a) not based on facts and never was at all (the ones putting out these ideas basically invented them over coffee) and b) not what happened.
The way the common narrative is accepted now can really hold us back.