| S.M. Stirling
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07-17-2005 11:26 PM ET (US)
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"And we are their markets. If they want to sell to us, then they should meet our regulations on, say pollution or labour standards."
-- in other words, you want to keep poor countries poor forever?
If Bangladesh had to meet European or North American pollution and labor standards, it couldn't produce _anything_ at competitive prices and could never get a foot on the ladder.
The question is moot, anyway. Putting restrictions on imports just punishes consumers, without doing anything about capital flight. Vide Germany.
Coddling old sectors of the economy just kills new ones, without really protecting the old ones for long.
Face it, you're talking about trying to sweep back the ocean with a broom, or nail jell-o to the wall.
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