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Old 02-09-2009, 02:47 PM   #26
frodo
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Free trade has delivered unprecedented global prosperity. It has also caused trouble because there are always "winners and losers". If you don't take steps to blunt the effects of globalisation on the "losers" then you get dissatisfaction.

The first Twenty Five years of my life were lived in a totally protected economy with huge tariffs on imported goods and import quotas as well. It employed tens of thousands of bureaucrats to run the scheme, an imported lead pencil for example might attract an import duty of 12.5%, but the rate for a coloured pencil might be 5.0%, except if the pencil was black, when it was 12.5% because it could substitute for a lead pencil ...and then impoters would take cases about this to the High Court.

Locally produced cars cost over twice what they cost in America, and had half the features, performance and quality. I used to drool over "Road and Track". Women used to drool over the electrical appliances in American magazines. Even our clothes, locally made, were inferior, and if I was lucky, I got a new pair of Levis each year.

All protection does is allow management and unions to sit back and featherbed.
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Old 02-09-2009, 04:27 PM   #27
Ought Six
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Trade is not a zero-sum game. It can bring prosperity to all parties involved.
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* I have the right to live, thus I have the right to defend my life from attackers who would take it from me.
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* I have the right to self-determination, thus I have the right to defend my liberty from tyrants who would take it from me.
* The only usable tools for these tasks are guns, and thus I have the right to shoot anyone who would take my guns from me.
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