They set it up so that American capitalists could exploit the country for all its resources. In their immortal hubris, they weren’t expecting how easy it would be for that same system to be redirected to benefit their own capitalists instead.
Don’t know about you but our teachers presented it as a way for some Sri Lankan woman to afford to send her kids to school and give them clothes. And we get cheaper blue jeans. Win win. /s
I mean, not so much a strategy as a natural economic consequence of environmental preferences and higher labor prices in the states. The hypocrisy is having labor and environmental standards in the US that we are happy to let companies circumvent by simply doing that labor elsewhere. Like we’ve all decided it’s fine to wear clothes that involved children getting maimed in factories, as long as they are not our children. And nobody was ever forced to find an economical way to make maim free clothing in the US…or given an opportunity to…
Why not both?
I mean, I’m sure China’s government isn’t completely innocent in this scheme either. I’m guessing that both countries play into it, on account of both countries profiting from it.
No it’s only America cease your investigations
But it backfired because the chinese played into it
The companies put the products in front of you, but the consumers made the decision to abandon domestically made goods.
A decade ago, these companies used loopholes to keep telling us everything was still made in America.
This is the crux of any analysis based on personal choice. It comes with the arrogant presumption that capitalism is based on consent.
I’ve always said, “American job should pay American wages” as in Chinese workers need to get paid in dollars and minimum wage or more also it’s on the company to convert that for them.
That being said America lost ground on quality… check out China’s CFMoto making a v4 motorcycle… check out a Surron… Chinese quality exceeds American manufacturing now… because they train their workers with junk y’all buy on AliExpress, Wish, and I think the new one is Temu or some shit. They can now make the quality of CFMoto and Surron.
Chinese workers need to get paid in dollars
Chinese workers trying to buy groceries in USD:
They don’t even use Chinese cash, its all digital.