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submitted 11 months ago by RNAi@hexbear.net to c/chapotraphouse@hexbear.net
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[-] thebartermyth@hexbear.net 5 points 11 months ago* (last edited 11 months ago)

Isn't all 'comparative advantage' stuff fake though?

E: Sorry, genuinely asking, not doing a bit.

[-] moujikman@hexbear.net 6 points 11 months ago

You have to take power dynamics in consideration when talking about comparative advantages. For example, when comparing the US to the textile industry in East Asia, the power dynamics perpetuate unequal labor conditions because more the affluent economic can leverage their buying power to dictate terms that are favorable to them but detrimental to workers.

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this post was submitted on 12 Dec 2023
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