Message from @Despot Romanicus the Enslaver

Discord ID: 694362396235399291


2020-03-30 13:42:16 UTC  

And later Nietzsche is much worse than early Nietzsche

2020-03-30 13:42:29 UTC  

Yikes

2020-03-30 13:42:44 UTC  

I have nothing against Nietzsche or Evola

2020-03-30 13:42:48 UTC  

Really annoying.

2020-03-30 13:43:05 UTC  

I doubt he has read more than austrian economics biblical texts

2020-03-30 13:43:23 UTC  

I’m not a fan of Evola, it doesn’t go anywhere productive, but it’s not bad per se

2020-03-30 13:43:46 UTC  

Evola is decent for personal philosophy afaik

2020-03-30 13:43:57 UTC  

I haven't read his stuff myself

2020-03-30 13:44:20 UTC  

I generally look down on stuff which asserts that eventually things will get better/you can do nothing

2020-03-30 13:44:24 UTC  

It's sedating

2020-03-30 13:44:55 UTC  

Yeah, Evola is certainly a masculine thinker

2020-03-30 14:07:59 UTC  

if you still want free trade between nations in this day and age you are a globo homo leftist

2020-03-31 01:35:21 UTC  

Protectionist policies kill small businesses

2020-03-31 01:36:10 UTC  

That's my main problem with tariffs, etc. It doesn't work as intended

2020-03-31 01:38:29 UTC  

At best you're sacrificing the many for the needs of a select few. You "save" one industry/company by damning the rest of the supply chain downstream of it.

2020-03-31 01:40:07 UTC  

Instead of shooting ourselves in the foot to spite china, we should be asking why companies would rather do business in the PRC over USA.

2020-03-31 01:46:29 UTC  

Because under free trade doing buisness in America is uncompetitive

2020-03-31 01:47:14 UTC  

You don't sacrifice other industries by maintaining car manufacturers, all you do is make cars more expensive

2020-03-31 01:47:24 UTC  

That's the one downside

2020-03-31 01:48:02 UTC  

Less competition is good for small buisness so idk why you think protectionism is bad for them

2020-03-31 01:48:15 UTC  

Guys guys, Global Stagnation through Permanent Despoliation Gang

2020-03-31 01:48:51 UTC  

Though I certainly would say that protecting steel would affect other industries negatively

2020-03-31 01:50:34 UTC  

Think of protectionism in terms of delayed gratification

2020-03-31 01:51:33 UTC  

You put up with higher costs now but the industries you create, grow and maintain are worth it in the long run

2020-03-31 02:00:07 UTC  

The state doesn't have perfect knowledge of the supply chains (and neither doe we, for that matter). It can't perfectly craft tariff policies in an efficient manner - at least not without unintended effects.

2020-03-31 02:01:47 UTC  

Also less competition may be good for a few select companies - not so good for everyone else though.

2020-03-31 02:02:56 UTC  

With less competition there is less incentive to improve.

2020-03-31 02:05:33 UTC  

Our local companies degenerate, becoming less innovative and efficient, charging more for their products, which hurts regular working people (and everyone else, eventually).

2020-03-31 02:06:35 UTC  

In essence, we become the economic equivalent of the island of Mauritius, and our local companies are the dodo birds.

2020-03-31 02:12:39 UTC  

The state doesn't have perfect knowledge and neither does capital. perfect knowledge is an arbitrarily high Bar for taking action. What does perfectly tariff even mean? The proper rate of the tariff or how well it's enforced?
What I said is less competition is better for smaller buisness when you were making the case protectionism hurts it.
Obviously there'd still be competition inside America if it stopped trading freely, gains from international rather than national competition are marginal at best and don't even get me started on how large companies act more like Inefficient corporate fiefdoms than something private anyway.

2020-03-31 02:13:02 UTC  

Do you believe Chinese companies are actually "efficient"

2020-03-31 02:13:07 UTC  

They are not

2020-03-31 02:13:41 UTC  

They're not competing on the grounds of technical expertise or efficient management

2020-03-31 02:14:06 UTC  

They're competing in cutting costs

2020-03-31 02:15:32 UTC  

So it doesn't matter that their steel manufacturing is actually vastly more Inefficient and backwards because they more than compensate by throwing cheap labour at it

2020-03-31 02:20:40 UTC  

The consequences of instituting tariffs on cars right now would be twofold. Car manufacturing would increase domestically and the cost of cars would increase marginally (though part of that increase in cost would actually generate revenue for the government )

2020-03-31 02:23:35 UTC  

Hell you could even use the revenue from tariffs to justify tax cuts

2020-03-31 03:10:01 UTC  

```What I said is less competition is better for smaller buisness when you were making the case protectionism hurts it.```
It's mostly the larger (American) businesses that usually benefit from tariffs - some smaller businesses might, if they are specifically chosen for protection. But every company down the line is going to face higher costs, which will butterfly throughout the economy. A few jobs are saved in one industry at the expense of a larger number in other industries.

```Do you believe Chinese companies are actually "efficient"```
I don't know, but they have managed to produce products at lower costs. One thing I do know is that, at least in certain special zones (Hong Kong, Macau, SEZ's, etc) they've had far less restrictive business environments than ours. Meanwhile the US economy has (for the most part) become more regulated over the years.
But we have an opportunity now - the combination of policy changes (crackdowns on Hong Kong, etc.) and a certain disease have made China a far less attractive place to do business. We could beat them at their own game by replicating and improving on some of the policies that made China an economic powerhouse in the first place - radical decentralization and deregulation. The US could easily establish hundreds of Hong Kongs and create a more attractive business environment than the PRC - or anyone else, for that matter.

```The consequences of instituting tariffs on cars right now would be twofold. Car manufacturing would increase domestically and the cost of cars would increase marginally```
Or domestic companies could just raise prices slightly below the tariffed companies' and gain higher profits without producing more.

2020-03-31 03:10:57 UTC  

```Hell you could even use the revenue from tariffs to justify tax cuts```
That's just replacing one tax with another.

2020-03-31 03:12:19 UTC  

Patchwork + Deregulation >>>>>Tariffs

2020-03-31 03:13:26 UTC  

(Sorry this took so long to type)