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To: freebacon
So you think protectionism is bad. How about telling the truth: free-tradism is global socialism.

3 posted on 03/09/2004 8:14:58 PM PST by hedgetrimmer
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To: hedgetrimmer
Actually its global capitalism.
4 posted on 03/09/2004 8:16:00 PM PST by freebacon
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To: hedgetrimmer
"free-tradism is global socialism."

Orwell would be proud


8 posted on 03/09/2004 8:21:52 PM PST by luckydevi
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To: hedgetrimmer; Willie Green
hedgetrimmer

So you think protectionism is bad. How about telling the truth: free-tradism is global socialism.

So... let me get this straight. The system of no government interference (free trade) is the socialist system, and the system of taxes and government subsidies (proectionism) is the capitalist system?

Actually no it isn't. You must read the WTO charter, NAFTA, GATT and the FTAA. They clearly posit socialist policies withing their trade agreements.

Well, since these treaties are ostensibly chalk-full of socialist policies, perhaps you wouldn't mind kindly citing such a passage for verification?

In order for Brazil to sign the FTAA, they are demanding that the US create a program to end global hunger, and also to give free US taxpayer dollars to that country for "infrastructure development". That is not "free trade".

In order for Venezuela to sign the FTAA they are demanding tht the US create a program of redistribution of US taxpayer dollars called "structural convergence". Than is not "free trade" but our salivating little trade minister will give any concession in order to make the FTAA happen.

In order for Mexico to sign the FTAA the US must allow open migration of Mexican nationals, social security for illegal immigrants and lower fees for sending remittances outside of the country. The president just met with Vicente Fox this weekend and agreed to all their "conditions" on "free trade".

Conditional trade is not free trade. In an environment of free trade all such trade deals as you've mentioned would be impossible. Another reason to adopt free trade.

The idea of "infrastructure development" evolved directly from the WTO who says "rich" countries must pay to bring teh standard of living of "poor" countries, or "least developed countries" like china, up. That is not "free trade".

Since when does the WTO say that? Source?

In fact, there is no "free trade" only managed trade by the global socialists who run the WTO and the UN.

Well, if there isn't any free trade then what are you criticizing it for? Let's get rid of the "managed global socialist" trade and establish free trade in its stead.

Willie Green

Marx was in agreement with Adam Smith on the consequences of free trade.

Well, if we look at the passages that you cited, I am having some trouble seeing where Smith said anything along the lines of "[free trade] breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution." Care to point that out to me?

As I just posted, Adam Smith agreed with it.

I doubt Adam Smith had any take at all on Marxism, seeing as he predated it.

Marx's proposed alternative may have been an abomination, But that doesn't discredit his analysis of the consequences of unrestricted free trade.

Ahh, just because Marx wasn't completely and utterly wrong in all the rest of his philosophy doesn't mean that we should question this part.

Even David Ricardo asserted that such policies would drive labor to the subsistance level.

No, David Ricardo said that population growth coupled with increasing rent costs would do that. He was, in fact, a free trade advocate. He even lobbied against the Corn Laws.

22 posted on 03/09/2004 9:20:17 PM PST by explodingspleen (When life gets complex, multiply by the complex conjugate.)
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To: hedgetrimmer
Where did you get the idea that protectionism is good and free trade is socialism? Have you completed Econ 1A yet?
59 posted on 03/10/2004 4:40:23 PM PST by uncitizen
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