philosophy
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Because in what way is the output of steel going to be impacted by which country it is made in
In a geographic sense
These sorts of advantages are limited to the primary sector
Abundance of ore, fertility of land and climate, how plentifull fish is (ignore aquaculture)
The problem isn't just the product itself but also the supply chain and the ecosystem. Companies that do similar stuff settle in the same area (Silicon valley, shenzen...). It is not only absolute advantage but also relative. If you can outsource lesser, simpler work to developing countries you can focus more on higher tech.
And yes the larger the market the smaller the benefits of importing or the penalties for protection.
If protectionism made us richer why don't we boycott our moms and do laundry ourselves.
Relative advantage is covered by Ricardo but it still presumes some countries are just magically better at things
I agree with the point about outsourcing less productive industries mostly because those lesser industries usually produce intermediate goods
I wouldn't want to make all the steel here because using expensive steel would fuck with other industries that are more important
To the point that a car might be too expensive for export for example
I mostly follow ISI when it comes to protectionism
Import substitution industrialization
They aren't magically better. If you specialize you get better. You only have 24hours a day so if you focus all that time on one task you will be better at that task than if you divide your energy into multiple task.
But is that actually what we see play out in reality
Who on a technical level is better at producing stuff
China or the West
China only dominates because it can churn out the same stuff inefficiently but less costly
Not because it's specialized
Yeah carpenters are better carpenters than electricians.
That is a different question, yes there are differences in productivity in humans.
If it is up to specialization you only need to shelter your own market to allow for domestic expertise to accumulate
There's no reason why a nation which misses an opportunity to have a textile industry because of technology needs to be permanently out
The only natural advantage in these things is in the primary sector
So you import or would need to subsidize where there is a disadvantage in your own mining or whatever
Since I don't like subsidies I would rather import the steel cheaply
When it comes to making money it also depends how widespread the technology and knowledge is. If something is easy, lot's of people are able to do it so the profits are low because of competition.
If you are on the cutting edge of technology you might be the only one who has the product so you can sell it for almost any price.
The spread of technology mostly depends on having capital spent into spreading it
In a free trade system technologies spread through direct investment
In a protectionist state domestic demand/purchasing power steps in
This is why not every nation can be a free trade miracle like Singapore
The problem with specialization is also size. If you shelter your 1 million people state they are not going to develop the same level of pharma industry as china. Certain technologies only make sense if you have millions or even billions of customers.
The most modern semiconductor manufacturing machines take such an insane up front cost to develop, you will only turn a profit if you can sell a billion chips.
True which is why it's good to have a common market that allows for trade policies that make sense or you push outward via exports
At that point you don't rely on just your own consumers anymore
Good example is Samsung in South Korea
Initially sheltered through tariffs etc.
But eventually was capturing foreign markets
But this can't happen if your industries don't develop in the first place or are crushed with cheap shit
reminder
Never have I ever seen a black man get his point across to eloquently.
alan keyes would've been a good president
@Norik Could i have more sources of this man.
I need to binge.
bruh just google it lmao
Ty
What does he identify as?.
Poltically.
just conservative
back when that actually meant something
he was not even particularly remarkable back in the day
we've just become used to a conservative movement led by jews and atheists
Oh i know.
Some points i do disagree with him.
Alan Keyes was the sacrificial lamb for the Senate Race in Illinois. They put him in there to lose.
But overall he is a well attunted.
Jack Ryan was the guy originally running against Obama in 2004. They leaked his divorce records and he had to drop out.
Scummy.
sorry not leaked
Superior Court Judge Robert Schnider ruled that several of the Ryans' custody records should be opened to the public.
lmao 42:48
too bad the guy's daughter is a lesbian
He was made to lose elections.
Sadly it doesn't amount to much yet
Hรถcke definitely has sympathies going that way
based abo is back
https://youtu.be/-6XBybrwAnw
>academy of ideas
Ew
^
it's just not
yes it just is.
>philosophy youtube
I guess thereโs one thing I can be proud of my country for
lol
Academy of Ideas is lolbert
But its still interesting to watch
it's just shit more then anything
it's pretty good
@Mr. Nessel which cultural practices in germany do you want to preserve
There aren't that many really but the festivities like Oktoberfest and Carnival I'd like to keep around
Most are just generically Euro-American or even global at this point like christmas
You could try to repopularize St.Martin's day in favour of halloween I think
Unless we dig up old norms which are more "Prussian" than strictly German
German culture is more material culture than anythign else really which makes it sad we've put away focus from our art, music, architecture and the like
At this point it's not just about preservation but restoration since it's been stripped down to essentials
Stuff like how Dresden is restoring its historical city is a step in the right direction
seems fair enough
Frankfurt is rebuilding the old town
Nice
I'd like to see a revival of brickstone gothic or Grรผnderzeit architecture
Based
Looks like all those tourismbux Poland and Hungary are getting might finally be waking the right people up in real countries
@Norik Tourismbux?
Money from tourism
Because places like Budapest have become the new big meme destinations for people who want to actually experience Europeโข๏ธ
For, uh, obvious reasons
When you are from real country and need to go to "fake" country to experience some authenticity it really tells you something.
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