this post was submitted on 15 Mar 2024
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Europe

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France’s parliament on Thursday backed a string of measures making low-cost fast fashion, especially from Chinese mass producers, less attractive to buyers.

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[–] [email protected] 7 points 6 months ago* (last edited 6 months ago) (3 children)

Inflation does not seem worse over there than in "free for all"Β© capitalism in the USA

PS: to be fair, USA is very protectionist as well, it's just they only protect the 1%

[–] [email protected] 3 points 6 months ago (1 children)

A tax like this will make the prices of some goods go up. Such price increases are measured as inflation.

This is a highly regressive tax. It's 50% on certain items below 5 EUR (soon 10) and less for items above that. Over the price, the rate goes down. For items at 50 EUR (100 EUR), it is only 10%.

Making cheap clothing in particular more expensive doesn't sound much like looking out for the 99%.

[–] [email protected] 1 points 6 months ago (1 children)

Well none of the measures to curve rampant consumism lead to cheaper prices

I was happy to hear the side of slowing down "fast fashion" because it is Hot garbage

But you are right, there are more aspects to this issue

[–] [email protected] 1 points 6 months ago

Here is an alternative Piped link(s):

Hot garbage

Piped is a privacy-respecting open-source alternative frontend to YouTube.

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[–] [email protected] 3 points 6 months ago (1 children)

to be fair, USA is very protectionist as well,

I'm having good laugh watching Americans call everyone protectionism but passing a law to force foreign company to sell their social media to an US company.

[–] nivenkos 1 points 6 months ago (1 children)

I'm not American. And yeah it's a shame to see the US abandoning free markets and freedom.

[–] [email protected] 2 points 6 months ago

Did they ever have those?

[–] nivenkos 0 points 6 months ago

This is France protecting the 1%.