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"Globalization – the handmaiden of Cheap at All Costs – is celebrated as a solution, when it is the problem. And even astute economists seem unable to realize that when another country’s comparative advantage is based on environmental crimes, low pay, and inhuman conditions, then comparative advantage doesn’t operate the way it’s presented in textbooks and abstract econometric models."

The Walmartization of America Redux: How the Relentless Drive for Cheap Stuff Undermines Our Economy, Bankrupts Our Soul, and Pillages the Planet (via azspot)

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