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Socialism cannot compete!
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Wow. Author is WAY wrong! Collapse of world trade during the G.D. brought about by protectionism?? No. It was precisely globalism that allowed national economic trouble to become a global contagion...countries were *reacting* -- i.e. a reaction is not a *cause*, but a *result*!! THE huge problem with globalism is that it disallows fine-tuning of economies based on national or even smaller -- regional or local -- conditions!! Differences in costs of living, costs of labor and resources must go by the wayside, in order to force global parity in trade values. That IS NOT WORKABLE unless those costs are equal...and I cannot see that they ever possibly could be! Economics is by definition a game of relative value. Global economic equality simply cannot be imposed...there is NO WAY TO DO SO. Therefore mandating "free trade" amounts to pillaging some countries to the benefit of others, and the benefit of the elite cabal that control interest rates for fiat currencies.
Dec 29 17:43 pm
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All Comments by Socialism cannot compete! »Protectionism: Playing With Fire [View article]
It is the DUTY of any national government to do what is needed for that nation, not what is desired by others around the world!! Are there political benefits to expanded trade? Yes, some. There are also political and security benefits to self-interest and self-sufficiency! Bowing at the altar of "globalism uber alles" is nothing short of TREASON and catering to the super-wealthy global elites who HAVE NO ALLEGIANCE to their country -- ala Paul Wolfowitz: "the nation state is dead." To hE11 with that, Wolfie -- push us too far and we'll see who still loves this country and what they're willing to do about you and your type. And that includes any author who jumps on the anti-protectionist bandwagon: best think about the sovereignty of your nation, instead of your far-left, whacked out notions that protectionism is a problem. We could use a good deal MORE protectionism!!