There is consensus in society that our companies, workers, countries and all humanity should be run seeking long term success, penalizing attempts to make quick money if those attempts damage our long term development.
To make a quick money is irresistible in our days when money and rich people could move around the world easily. Even poor people when they are facing lower prices of goods or services produced in places with cheap labor, most of the time are forced to take cheap prices. This globalization loop is self enforcing and to kill it we need new laws. Any person trying to make quick money selling out our long term success should pay dearly for the privilege. If our skilled workers are replaced by cheaper workers in China, Mexico, Vietnam or many other places with cheaper labor, putting our countries‘ development in danger long term, then the companies doing the replacement have to pay for the damage. How to do it?
High custom duties are a good simple way. European Union also shows a more sophisticated way.
„The European Union is moving to bring the maritime sector into its Emissions Trading System, a plan that would put a new tax on ships that serve the continent's ports. The effort is part of the EU's strategy to cut overall greenhouse gases by more than half over the next decade and obliges factories, power plants and airlines to pay for their emissions by buying carbon permits.“ [1]
Such a system forcing to buy carbon permits should be expanded where it is possible by forcing to buy outsourcing permits. It is easy to see that every block of countries and every separate country will introduce such taxes in retaliation. Don‘t we want exactly that? Don‘t we seek that not only every polluting company, but every company undercutting our long term success in any other way should be forced to pay for it?
1. European Emissions-Trading Plan Sows Division in Global Shipping
Paris, Costas. Wall Street Journal, Eastern edition; New York, N.Y. [New York, N.Y]30 Dec 2020: B.2.
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