I never said we don't need regulation, but I think we need less of it.
What can we do about Chinese slaves? Stop trade? Trade only helps the case of the worker in such conditions. For example, the garment industry in Bangladesh flourished while trading with the United States. However, it had to fire its child workers as a result from foreign pressures. What happened? These children went back into "begging in the streets, engaging in prostitution and other crimes, or doing hard labor." They did not stop working because they could not stop working.
But wait!!! If farmers were allowed to grow all of their crops, they could *GASP* export some of their food at lower prices to foreign countries!!! That means that mommy and daddy might be able to to provide more for their families, and that their son might not have to give out blowjobs on the streets!!! Amazing how a lack of regulation helped everyone, isn't it?
WAIT, THERE'S MORE!!! Those countries get to charge taxes on those rich, evil, white capitalist's income gained inside that country!!! Could this possibly be one reason why so many third world countries are eager to get in the world market? SHOCKING, ISN'T IT?
When you, burbank, have lived in a third world country, worked in a Coke factory that fired you because of foreign pressures that their practices were "immoral" and wage rates had to rise, and had to return to life of selling yourself, THEN you might be able to tell me about regulatory policy. Until then, I would count myself lucky,
and brush up on my facts.
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