Re:Internet Archive forced to remove 500k books after publis...
by 7thaccount on Saturday June 22, 2024 @09:44AM
(#40759109)
Tariffs do decrease competition and lead to higher prices for consumers....but...there are certain industries important for national security where a country may wish to subsidize an industry like building renewables or use a tariff against a country like China that is trying to corner the market through nationalized companies. Because those companies are a wing of their government (so to speak) a free market company can't compete and eventually all you have are Chinese companies for these critical industries and they can dictate policy to us.
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Re:Internet Archive forced to remove 500k books after publis...
by coliveira on Tuesday June 25, 2024 @01:40PM
(#40791274)
> there are certain industries important for national security where a country may wish to subsidize an industry ... against a country like China that is trying to corner the market through nationalized companies
Your argument doesn't even make sense: in the first part you say yes, we need national support for this sector of the economy, while a few words later you say that China is cheating by giving support to the same sector.