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To: harpseal
A common mistake is to confuse free markets with free trade. Two very different concepts.

The former is a cornerstone of capitalism. In order tp work, the latter depends on the former for everyone concerned. Therefore, "free trade" (as it is currently envisioned) between differing economic systems will never happen.

335 posted on 07/30/2003 6:20:05 AM PDT by Cacophonous
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To: Cacophonous
A common mistake is to confuse free markets with free trade. Two very different concepts.

The former is a cornerstone of capitalism. In order tp work, the latter depends on the former for everyone concerned. Therefore, "free trade" (as it is currently envisioned) between differing economic systems will never happen.

Precisely my point. While a global Free market system would be fantastic IMHO we are not anywhere close to implementing that nor will we be in my lifetime of even the lifetime of anyone alive today.

336 posted on 07/30/2003 6:23:26 AM PDT by harpseal (Stay well - Stay safe - Stay armed - Yorktown)
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