By Jo Nova
As Winston Sterzel says: Seriously? Why does it cost more to send a postcard to my neighbor than it does for a Company in China to send a package right across the world? He explains how an old intergovernmental committee — the Universal Postal Union (UPU) — sets the rules so that rich nations subsidize the poor ones. Like all government committees it clings to a good idea for so many years it kills it. It was set up in 1874, and now in 2024, a nation with a space station is draining money from our postal systems and from our local jobs. What a rort… Everyone paying for postage in the West is also paying the post for businesses in China to send cheap things which undermine local sellers. It is very difficult for a business using postal delivery to compete in the West — even in its own domestic market. The UPU is — naturally — another subsidiary of the United Nations. What else do we need to know? It works as well as we’d expect any 150 year old unelected and unaccountable bureaucracy to work — like napalm on a free market.
The […]
via JoNova
January 28, 2024 at 08:49AM
Iowa Climate Science Education 