Ok so the components that the Chinese people were producing for things are ridiculously cheap. Then lets use Nike as an example (but you could also sub in any sort of manufacturer) the ridiculously cheap thing is sold in US at a premium. Say then that the Chinese were liberated. The companies, like Nike would have to pay for real labor meaning they won't be profiting from their markup which is insane 200% easy for things like electrical components. I feel they could try and pass that markup to the people but I have a feeling that people here will just not buy those things anymore...
Chinese communism is 100% supported by the elites, change my mind.
Ok so the components that the Chinese people were producing for things are ridiculously cheap. Then lets use Nike as an example (but you could also sub in any sort of manufacturer) the ridiculously cheap thing is sold in US at a premium. Say then that the Chinese were liberated. The companies, like Nike would have to pay for real labor meaning they won't be profiting from their markup which is insane 200% easy for things like electrical components. I feel they could try and pass that markup to the people but I have a feeling that people here will just not buy those things anymore...
Chinese communism is 100% supported by the elites, change my mind.