The global supply chain is fragile, energy inefficient, and exploitative. Why place “productivity” above all else?
Take iPhone for example, do you think it would cost less if it was manufactured entirely in the USA (down to the components)?
I would love to hear a counter-argument or example. Thanks.
And cargo ships are large sources of pollution and have substantial tax privileges; the costs are externalized.
Tangentially, if you read the “There’s Too Much Stuff” article that was recently on the front page, there’s plenty of cheap junk I’d love to see priced out of existence.
Anyway, the deeper issues we have are not likely to be solved by global trade and cheaper goods. There are other factors which I’d argue are more important.