EU referendum -UK users

[tokilamockingbrd]

Soundwave said:

tokilamockingbrd said:

yes its a scale. most commonly depicted as a left to right bar bewteen laisse faire capitalism and communism. EU has drifted to far to the communism part of the bar. It is also not good to be totally on the capilatism side of the bar (can lead to too much volatility). Europe just needs to start drifting back to capitalism until they reach a place where the engines of their economies can be ignited. 

Economies of the 20th century are not the same as yesterday?

If I'm running say Apple, why the fuck would I hire any European worker period? Any of them willing to work 12-14 hours a day for less than 10 dollars with no vacation, no health care? Nope. 

And soon we'll have robots/greater automation that work for even cheaper 24/7. 

This is capitalism at its most refined. It's the job of a corporation to maximize every last bit of profit for their shareholders. 

the problem is what you are descibing is global capitalism. So you have a country like china which itself is not capitalist internally taking advantage of a WW system. Liberals prefer global capitalism but more socialist domesitcally(which in turn has the effect of socialism WW, rich countries pumping cash into poor ones). Conservatives tend to be reverse.

As a soveriegn nation the US must take its best interest into consideration. Its really is a fine balance. Are you willing to pay more for products to increase jobs? Maybe. Tariffs are what are traditionally used to reduce exposure to markets like china that have the advantage of labor force explotation. In theory if you increase tariffs but decrease domestic taxes equally net tax revenue would remain constant and double the advantage of domestically produced products.