The European Union voted on Friday to impose tariffs as high as 45% on electric vehicles from China, threatening a broader trade conflict with Beijing which has already vowed to protect its companies.
Slave labor is a system in which a person is bought sold and indentured to a master for a substantial duration, often life. Their labor is coerced as property of that master.
That is not how China produces cars. They use highly automated systems and paid workers like everywhere else. While Chinese workers are paid less due to the forces of unequal exchange (a system imposed by the US) and an export economy (a system usually imposed by the US but more of a 4D chess move by China to develop productive forces, with the US gladly taking the deal for exploitation), that is not really why the cars are so much cheaper. It is because China has highly concentrated industry and a much less financialized system.
Speaking about “fair” is amazing in this context. The US is simply trying to protect domestic monopsony industry and to damage Chinese industry. This is a jingoistic and corporate policy.
That’s true but the logic applies. The EU is part of the imperial core that eats from that trough and in turn supports its maintainer. It is simply following the US’ lead.
Slave labor is a system in which a person is bought sold and indentured to a master for a substantial duration, often life. Their labor is coerced as property of that master.
That is not how China produces cars. They use highly automated systems and paid workers like everywhere else. While Chinese workers are paid less due to the forces of unequal exchange (a system imposed by the US) and an export economy (a system usually imposed by the US but more of a 4D chess move by China to develop productive forces, with the US gladly taking the deal for exploitation), that is not really why the cars are so much cheaper. It is because China has highly concentrated industry and a much less financialized system.
Speaking about “fair” is amazing in this context. The US is simply trying to protect domestic monopsony industry and to damage Chinese industry. This is a jingoistic and corporate policy.
Were talking about labour laws in the EU, not the US
That’s true but the logic applies. The EU is part of the imperial core that eats from that trough and in turn supports its maintainer. It is simply following the US’ lead.