On Sun, Nov 24, 2024 at 08:31 PM, Mark Baugher wrote: > > I think it is different today, or at least it is not about tariffs in the > abstract but at a particular point in history. In a search for cheap labor > and cheap nature, extensive supply chains criss-cross oceans with > environmental destruction not priced in but taken as free inputs. More > savings follow when the "labor inputs" no longer live in ranch houses and > bungalows but in dormitories and crates. There are no independent labor > unions in most important outsourcing locations. This is neoliberal free > trade that serves to undermine past working-class gains in the imperial > centers. And it is working for them. I expect Trump will continue this > behind smoke and mirrors.
That raises the issue of what bourgeois economists like to refer to as negative externalities. Indeed, within bourgeois economics there is an extensive literature on the subject going back to A. C. Pigou. Looking at things from that perspective, at least certain kinds of tariffs could be conceptualized as a type of Pigouvian tax ( https://en.wikipedia.org/wiki/Pigouvian_tax ) negative externalities described above. ( https://en.wikipedia.org/wiki/Pigouvian_tax ) -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#33729): https://groups.io/g/marxmail/message/33729 Mute This Topic: https://groups.io/mt/109762258/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/13617172/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
