We would, on average, be richer and more democratic if we had retained our wealth-generating jobs. Instead, we gave the wealth-generating part of our corporations to Chinese labourers.
As a result, China now has a rapidly-expanding middle-class and America has a rapidly-diminishing middle class.
The only Americans who truly benefited from this move are the billionaires whose corporations profited by exploiting third world slave labour.
The rust belt is struggling and the rise of Trump was direct consequence of that.
Respectfully, I suggest before telling others to re-read, some basic understanding of civics, electoral college, constituency and how elections are held would be helpful for yourself.
May I introduce you to... colonialism? See also: how the battle of Plassey and subsequently income from India helped fund the industrial revolution. I can't speak much about Chinese colonial history (I expect it to be roughly about as brutal and violent as Indian colonial history) but boy does your comment ignore several centuries of history.
There should not be ongoing supply chain issues then.
> they would still have rotted
This sounds sinophobic. Your profile mentions you’re from London. Yes, China was doing fine for a millennia, too, then the British colonizers brought opium and drugged their people.
> have been forced to reform through economic failure.
Yes, they did that. It’s cause embracing capitalism and free trade.
In so far that there would not be supply chain issues causing massive inflation?
How would Amazon, Apple, the world’s richest companies be so without China?
Obviously we share theirs since we’ve shown were interested in cutting costs at the expense of quality.
This embeds a colonialist / Western bias presuming that Americans companies are leading the charge and orchestrating everything, and the natives are incapable of self organizing. This is opposed to American companies being customers, and Chinese companies offering them a cheap all inclusive solution with implementation details ( factories / labor ) already sorted out. Since you pointed out Shen Zhen specifically.
It’s really simple. There’s been decades of opportunity to hold Nike accountable, but people continued to support sweatshop labor. Sweatshop labor is not directly related here, but it supports a system that does not value human lives.
Offshoring labor, out of sight out of mind, to countries like China is a negative externality. Suddenly now China is the only one to blame when the externality is no longer external ( microplastics ).
It would not be hypocritical if countries “internalized their negative externalities”, or maybe just not create negative externalities or internalities in the first place. e.g. demote consumption, but that would not be very American. Just look at the public / self storage industry. Americans have two door garages and that’s still not enough. That part is really not China’s fault, even though they are the enabler.
Apple would be more like a Cartier or Tiffany...A few small exclusive shops around Monaco and the Cote de Azur.
But yeah, Apple would have automated things. Except the part where they pass the savings on to end customers.
Furthermore in Apple’s case, they want China to be rich, too, because that’s a big market.