Julia Farber

Sustainability Expert & Co-Founder of Detroit XPAC

Professional website of the work of Julia Farber

Filtering by Tag: Trade

11 observations about how the world, as I know it, works, and some opinions too

1) Most of our economy is propped up by consumerism (over 70%), and Americans like to buy stuff; stuff that costs next to nothing. We borrow instead of save. We live in the "I must have it now" era, not the "I must consider the future" era.
2) We don't currently pay for the environmental or social/labor damages. We internalize those costs elsewhere in the form of pollution. As for goods we purchase, we pass those costs to those developing nations. Their water is polluted. Their air is polluted. Their factories fall and catch on fire, and some people die. They can't unionize. They pay bribes. They risk their lives for talking about the things we as Americans take for granted. Americans are not entirely to blame, consumerism is everywhere, but we are not to be excused fully either. We order and demand these products at an exponential scale.
3) Unions are why you have the weekend. Trump has already announced his intention to break the Federal Union protecting Government workers. It's politically popular and is being positioned as term-limits on government workers. Not the worst idea to get fresh-blood in; but unions play a vital role in places where rights are limited... and up until recently, America didn't quite have to worry about this right being protected.
4) The movement to bring American jobs "back" should be an investment in new industries NOT old ones. But, it seems like people are advocating for old ones that have been off-shored. We've gotten used to paying less or very little for many products as a result of the very trade deals that many are currently attacking, i.e. clothes, shoes, electronics, cars, fruit, etc. The price for these products will go up. In some ways, I can totally can get on board with this idea; I love the concept of paying real wages for hard work, and acknowledging the full lifecycle costs associated with developing those products. Having worked on social justice issues, and sustainability for a long time, I think that I may be prepared mentally to pay more for these things, wherever they come as long as they are helping people live better lives. But, what will happen is we'll start paying more because we start a trade war that discriminates against us, and bonus, Trump's team isn't interested in labor rights, as far as anyone can tell, so we'll be footing a higher bill, but it won't help resolve the issues overseas or at home, pushing resentment higher.
5) Moving product manufacturing back to the US can be a great idea. It also means paying more for these products, and livable, American wages. It also means a lot of people won't be able to afford these products. We will slip into a recession for a while. If we can diversify our economy again, eventually, we may be able to stabilize, but we won't be out of it for a LONG time. Again, maybe this is what we need and deserve. We need something to prod us in the butt to learn new skills; but is this what the people who voted for Trump really wanted? If so, then I genuinely applaud them for being willing to take it on the chin like this. It's going to hurt for many; but there will be immense opportunity for others under the new market conditions.
6) The world is and has changed. 7 out of 10 people (Rs and Ds) support action on climate. No better opportunity exists to get people back to work than the renewable energy economy. Trump's current anti-environmental rhetoric would assume he and his team would try to tank this economy, when we've subsidized the oil and gas industry for well over 80 years beyond when they have required subsidies, to pollute our water and our air. By the way, the price of solar and wind has dropped exponentially due to investments by the Obama administration (smart use of our tax dollars) and natural gas is the real reason that jobs won't be coming back to coal country; the market for coal is on the decline. Trump can't stop that. But coal miners can do many other things.
7) The US produces services and ideas now. Innovations are mostly driven through software and the connection of devices. These products are currently subsidized through resources that we can only get at scale through relationships with China and Asia. A trade war with China is not going to be good for producing new ideas.
8) People come to the US to pursue their best lives and to start new businesses and contribute to the economy. Trump's current and only rhetoric of retreating from the world under a mess of nasty misogynistic, racist, hate speech will not allow creativity to thrive. It is the greatest signal to business that innovation is no longer wanted in America. Demographics are shifting, and building products that only serve the old way of doing things will NOT get us out of where we are today.
9) the US is a counterweight in many societies. We may be negotiating trade deals with other nations, but in those trade deals are small nods to environmental agreements, and human rights agreements that products will be made more responsibly and humanly. It's doubtful that under a Trump administration the US would advocate for these measures at all, since he seems to have no interest in taking care of the planet or the non-white people on it.
10) The TPP does not include China. It was a defensive attempt to acknowledge the shift in trade patterns between the rest of Southeast Asia, Australia, South America and Japan, to get those countries on "our side" from a trade perspective before China has a chance to impose its trade deals on others. It's been in negotiation for years. If the US decides to bow out, it may survive without us, or it may crumble and force a turn to China. Another reason it would be poor timing to attack it.
11) Trump is right about one thing, we must invest in infrastructure. At this point I don't care if it's privatized, which is Trump's plan. I care about whether or not he finds a way to get contracts awarded to his companies or to his lackeys. Current indications show that he's not interested in anything but making money for himself. He hasn't released his tax returns. His ethics are incredibly questionable. I wouldn't be surprised if those jobs that are supposed to go to hard working Americans end up not materializing for anyone but Trump himself, he asks the workers to build him roads and bridges, and when the time comes to pay, he claims the work is shoddy and refuses, like he has done countless times before.
This all goes to say that we elected an untrustworthy and unstable person with a tendency towards bigotry, racism, misogyny, narcissism, and cronyism. He sells snake oil for a living. He will not fix our problems. He is however becoming quite the champion for the "left out" voices of the white supremacy movement, and will be lining his pockets deeply before he leaves office. Now, where is my handbasket?
tl;dr: Our consumer based economy won't survive Trump's economic plans. He ran on a platform of bringing jobs back to America, but his only solution was to espouse hate and fear of non-white people. This is a critical business mistake.