Tuesday, November 10, 2009

BK Drinkwater on corporatism

I do hope that this becomes a series, as he threatens:
“Product dumping” — exporting stuff for less than what you sell it for domestically — is supposedly some big bad thing, presumably because it provides consumers with affordable goods while giving people in the developing world jobs: two truly horrible outcomes that no man with a genuine commitment to social justice can tolerate.

So, the powers that be became persuaded by vested interests—an unholy alliance of corporates and unions—to place levies on products so “dumped”.

Enter Michael McCormack, an Island Bay artist. He designs diaries adorned with Wellington scenes, has them printed in China, and sells them here. Everyone wins, right? He makes a bit of money to finance his passion, some printers in China get paid employment, and consumers get pretty diaries. Right?

Oh no. He gets slapped with an anti-dumping levy, because he doesn't sell the diaries to all those people in China desperate to have scenes of Wellington life in their stationery.
And the villain in the story? Read on.

1 comment:

bk drinkwater said...

Yeah, this will be a series.

But because it requires research in addition to my more customary sarcasm, it'll only be occasional.

Thanks for the link.