this post was submitted on 16 Mar 2024
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[–] FiniteBanjo@lemmy.today -3 points 7 months ago (8 children)

It's incorrect to think that losing access to markets is beneficial for anyone, which is why using it as a bargaining chip to make people stop murdering each other is a good thing. Even if this imaginary Global South organization had another provider for goods, they're at risk of being abused or manipulated by a lower number of trade partners who can increase prices at will.

I'm sorry that you disagree.

[–] PanArab@lemmy.ml 26 points 7 months ago* (last edited 7 months ago) (5 children)

Some markets aren’t worth the trouble. It is not like Iran is losing access to China. It is losing access to a market that it had very limited access to if any.

[–] FiniteBanjo@lemmy.today -4 points 7 months ago (2 children)

Competition drives prices down. Bare minimum economic theory for you, you're welcome for that.

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