uscitizen
Villified User
Trade does not put anyone out of work, more than temporarily. It creates more jobs by increasing efficiency.
Trade does not put anyone out of work, more than temporarily. It creates more jobs by increasing efficiency.
While there's worry about the yuan, there's also real concern about the euro. What happens when the dollar is no longer the international standard of currency which pretty much all it's based on now?
Free Trade has no doubt lowered prices and increased our standard of living in the meantime. To even have an argument against free trade first someone needs a theory to discredit comparitive advantage. Sure we may no longer make cars but our comparitive advantage may be in computers and medicine.
the world doesn't need our cars, it needs the Iphone!!!
there are strategic and common sense reasons to not allow enemy nations to manufacture sensitive arms or technology. Just as there is a value to keeping some industries domestically, to ensure ones indepenance and self sufficiency.
It is foolish also to put a country's laborers out of work with slave labor abroad. We should limit our partners to those who share our aversion to slave labor and totalitarianism. Encouraging totalitarian fascism abroad is a bad idea.
There is no real market for military weapons outside of governments. If you want to increase the cost to the consumer there with protectionist policies, go ahead. Has nothing to with the IMPROTANT consumer markets.
The "slave labor" charge is mostly hyperbolic emotional language and meaningless propaganda.
Fascism and totalitarianism usually come with protectionist regimes. I do't understand how you believe that is encouraged by trade? Sounds like more hyperbolic emotional language.
http://www.wcl.american.edu/hrbrief/07/2laogai.cfm
Laogai, which translates from Mandarin to mean "reform through labor," is the Chinese system of labor prison factories, detention centers, and re-education camps. Mao Zedong created the system in the early 1950s, modeling it after the Soviet Gulag, as a way to punish and reform criminals in a manner useful to the state, producing thought reform and economic gain. The Laogai system is still in place today and continues to deprive individuals of basic human rights. An individual's mere association with groups unpopular with the Peoples Republic of China (PRC) government can result in the individual being sent to a reform institution in the Laogai system, through a process that deprives the person of due process rights. Once inside the Laogai, prisoners are subject to cruel and degrading treatment and oftentimes torture. These human rights abuses violate both Chinese and international human rights norms.
That makes sense, I mean protecting domestic food sources. I was listening to a radio report about food issues in China and one of our farmer reps was on about how we could export food to the Chinese and make a bundle. I thought then, well there's only 21m of us and it's a big country (albeit much of it is desert) we could probably do that - but not at the expense of our own domestic food needs.
I'm thinking maybe it's time for a new economic model.
If you subsidise your farmers, as the US does, is that still free trade? Or is it protectionism?
Trade does not put anyone out of work, more than temporarily. It creates more jobs by increasing efficiency.
Free Trade has no doubt lowered prices and increased our standard of living in the meantime. To even have an argument against free trade first someone needs a theory to discredit comparitive advantage. Sure we may no longer make cars but our comparitive advantage may be in computers and medicine.
There is no real market for military weapons outside of governments..
Free Trade has no doubt lowered prices and increased our standard of living in the meantime. To even have an argument against free trade first someone needs a theory to discredit comparitive advantage. Sure we may no longer make cars but our comparitive advantage may be in computers and medicine.
the sort term gains come at what long term costs?
Being ignorant of free trade advantages is not a new way of thinking bac. It's very very old.
Also, the world NEVER "needed" anything from us. They could be poorer without trade before. And they can close trade and be poorer again. But they will not likely do that because they are not stupid.
Our products/services become more attractive for export their products/services become less attractive for import and the trade imbalance that you all whine about comes down. What's the problem?