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Korean Job Discussion Forums "The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
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cdninkorea

Joined: 27 Jan 2006 Location: Seoul
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Posted: Mon Jul 17, 2006 4:53 pm Post subject: Protectionism: Right or Wrong? |
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I got my inspiration for this thread from Hapkido-In in this thread, where he said:
| Hapkido-In wrote: |
| For example, protecting your auto industry by imposing a 178% import tax on all imported vehicles. GM and Ford would be way better off if North America had the same. |
I have an especially big bee in my bonnet (I can't believe I just used that idiotic idiom) about protectionism in general, mostly from spending four years in university arguing against it to socalists (to no avail). So I want to bring it to Dave's:
Hapkido: it is correct that American car makers would do better if the could lobby (read: bribe) their government to put big tariffs on imported cars. But would they deserve to do better? If a car can't compete on the world market because it's an inferior product, then by what right can its makers demand special treatment? If justice can be (partially) defined as getting what you deserve, special treatment for making an inferior product constitutes an act of injustice.
Besides, if people want a car they perceive as better, should anyone have the right to coercively influence their buying decisions in such a way?
I argue they don't have that right- everyone has the right to spend their money as they wish, finding the best value for their dollar/won. If you want to argue that people don't have this right, and others can justifiably fine people for buying import cars, why not just make it illegal to buy import cars? Why not take it to the next level and make it illegal to buy anything imported?
Someone will probably argue that a country has a right to protect local jobs from the threat of foreign companies. Even if this were a valid point, I think the point I made in the previous paragraph would trump it. But it isn't valid anyway; no one has the right to a job. You have to earn it by finding someone who wants to give it to you, trading value for value (your skills and their money, respectively). This applies to individual employees as well as corporations; if no one wants to buy your product, and instead chooses to buy one from abroad, you have no right to force them (or lobby the governement to force them).
Finally, someone might say that a country has a right to do what it wants (people on this board say this all the time about Korea: "it's not your country, so you don't have a right to criticize"). On what basis can a government dictate the prices others will pay on foreign goods? What is the source of that right?
Public opinion can't be a valid source- if the public truly was of the opinion that imported goods shouldn't be consumed in favour of local goods, then they wouldn't buy them to start with, making any tariffs they may desire unnecessary (the few that might disagree and buy them wouldn't make any noticeable difference in the local economy).
Okay, I think I'm finished. I hope someone wants to debate this with me, because I feel like my brain is atrophying from spending 7 hours a day explaining how to tell people you had a good summer. |
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seoulsista
Joined: 31 Aug 2005
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Posted: Mon Jul 17, 2006 5:17 pm Post subject: |
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Sorry can't debate you because I totally agree. Although to be fair the U.S. auto and famring idustries get all sorts of kickbacks by way of subsidies and so forth that keep them afloat.
I go to E-mart and the cheapest fan I can buy is one for 35,000 won but I can go on base and find and almost identical one for $9.99? This country is right next door to the world's factory and yet apart from the dollar street vendors it's so hard to find anything cheap here. I paid 70,000 won for a tape recorder! |
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pastis

Joined: 20 Jun 2006
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Posted: Mon Jul 17, 2006 5:17 pm Post subject: |
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You forgot to mention that liberal free-market economics are the chief cause of mass consumerism which is depleting/wasting resources unsustainably and literally destroying the earth, just so that we can all have a "right" to buy our useless (made in China nowadays) sh*t. It's pretty bleak, but I guess the alternative is too, since we're only humans.
Otherwise, yeah I agree there's not much else to do. But let's be honest, cynicism rules. Your so-called "rights" don't mean jack. Only power does and money too. Focus on that instead, the only things that gives you a "right" to a job is that you're making someone else money. Moral: be rich. |
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RACETRAITOR
Joined: 24 Oct 2005 Location: Seoul, South Korea
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Posted: Mon Jul 17, 2006 7:27 pm Post subject: |
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The US has a protectionist economy, despite all free trade agreements they've entered. Their reason? "We don't want our ____ industry to go out of business."
Kind of good reasoning, but they don't mind fucking over other countries. In short, free trade is the problem, and protectionism is just a sad reaction to it. |
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Wangja

Joined: 17 May 2004 Location: Seoul, Yongsan
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Posted: Mon Jul 17, 2006 8:05 pm Post subject: |
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| Protecting the US carmakers would have littled effect. One, because until they make vehicles that most people want, their sales will fall. Two, because many of the cars perceived as imported are in fact manufactured in USA anyway: eg, Honda, Hyundai - and probably others. |
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Milwaukiedave
Joined: 02 Oct 2004 Location: Goseong
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Posted: Mon Jul 17, 2006 8:08 pm Post subject: |
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I don't know, I'd rather support free trade rather then governments give money away hand over fist as subsities. I remember a 20/20 (or maybe it was Dateline) episode where they showed most of farming subsities went to large companies (at least in the US).
Korea has their fair share of protectionism. They balk about buying US rice because it "tastes diffrent." I keep asking my wife when we are in the grocery store to ask them if they carry US rice (she refuses to ask, but someday I'll probably do it to embarrass her). My guess is probably not, no one will buy it.
How many vehicles do you see from the US? The answer is very few. I think this is more due to nationalism then protectionism though.
Maybe I don't have a strong argument for free trade, because I'm not totally sure that's what I'd support in every case. It seems to have both advantages and disadvantages. |
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Wangja

Joined: 17 May 2004 Location: Seoul, Yongsan
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Posted: Mon Jul 17, 2006 8:14 pm Post subject: |
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No, lack of US cars is nothing to do with nationalsim or protectionism. It's to do with the product.
Who in their right mind would choose an American car when for the same money they could have a Lexus, BMW, Mercedes or Jaguar? |
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RACETRAITOR
Joined: 24 Oct 2005 Location: Seoul, South Korea
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Posted: Mon Jul 17, 2006 8:27 pm Post subject: |
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| I was talking about softwood lumber, but okay. |
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Milwaukiedave
Joined: 02 Oct 2004 Location: Goseong
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Posted: Mon Jul 17, 2006 8:27 pm Post subject: |
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Funny...what brand do most Koreans drive?
Either Hyuandi or Kia...yes you see high end cars lke you mentioned, but in terms of brand your missing the point. |
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sjrm
Joined: 27 Jul 2005
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Posted: Mon Jul 17, 2006 8:45 pm Post subject: |
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| Wangja wrote: |
No, lack of US cars is nothing to do with nationalsim or protectionism. It's to do with the product.
Who in their right mind would choose an American car when for the same money they could have a Lexus, BMW, Mercedes or Jaguar? |
Isn't Jaguar an American car now? |
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Wangja

Joined: 17 May 2004 Location: Seoul, Yongsan
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Posted: Mon Jul 17, 2006 8:51 pm Post subject: |
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| In the sense it is owned by Ford, yes. |
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Milwaukiedave
Joined: 02 Oct 2004 Location: Goseong
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Posted: Mon Jul 17, 2006 9:05 pm Post subject: |
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| It's hard to say anything is American made anymore though. A lot of parts that are made are foreign and many of the cars are assembled in Mexico. |
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Ya-ta Boy
Joined: 16 Jan 2003 Location: Established in 1994
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Posted: Tue Jul 18, 2006 3:38 am Post subject: |
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I'm not exactly for free trade. I'm for reciprocity agreements. You can export your widgets to my country duty free if we can export our gadgets to yours duty free. That seems fair enough.
Korea pi**ed me off years ago when it wanted to export its cars, semi-conductors, shoes and clothes to the US but still doesn't want to import anything. Ain't kosher. |
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jaganath69

Joined: 17 Jul 2003
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Posted: Tue Jul 18, 2006 3:49 am Post subject: |
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| pastis wrote: |
You forgot to mention that liberal free-market economics are the chief cause of mass consumerism which is depleting/wasting resources unsustainably and literally destroying the earth, just so that we can all have a "right" to buy our useless (made in China nowadays) sh*t. It's pretty bleak, but I guess the alternative is too, since we're only humans.
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Dunno if you ever did economics, but resource scarcity underpins capitalism and the whole pricing mechanism. So far, capitalism has proved to be the most efficient means to distribute such scarce resources as well as providing the daily needs of millions, nay billions at the cheapest cost. If you can think of a better method, one less wasteful and unproductive than, ooohh lets say Stalinism/state capitalism/the corporate state or whatever other form of authoritarianism you'd prefer, I'm waiting to hear it. As for the rest of your undergraduate spray, send me an SSAE (you probably won't know what one is since you kids grew up on this cursed intermanet thingy) and I'll gladly mail you a bar of soap, the money for a haircut and a clipping of the job pages from this weekend's paper.
PS, if chutzpah were electricity, your whine about how 'your rights don't mean jack', coming from a affluent white kid who has the choice to go to another country and make silly money for what in most cases amounts to fraud, could power a small African nation for the remainer of the decade. |
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RACETRAITOR
Joined: 24 Oct 2005 Location: Seoul, South Korea
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Posted: Tue Jul 18, 2006 5:33 am Post subject: |
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| Capitalism isn't necessarily about being unwasteful and maximising productivity. If it were, every worker would get minimum wage, service would be terrible, and as many jobs as possible would be outsourced. Capitalism's strength so far has been in providing a liveable income to the largest possible proportion of the population it can. |
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