Harry Pollard wrote: > > Eric, > > Unfortunately, you have it the wrong way round. > > "Fair trade" means that someone meddles with trade to provide benefits for > someone at the expense of the traders. > > "Free trade" means that no-one meddles with the exchanges between people. > They may exchange, cooperate, interact without interference. [snip]
How about: Fair trade is when someone levels the playing field between the GIANTS and the little people, and free trade is "Every man for himself and the GIANTS against all"? How can a person who has a net worth less than about $1 billion enter into any free trade with a Transnational corporation (or even their hometown bank if there was one left...) without somebody placing a visible hand on the person's side of the scale of capitalization to equalize the two side at least somewhat? I am becoming inscreaingly convinced, Harry, that your "economics" is a study of relations among small numbers of persons all having roughly equal assets and other forms of power. This is not the realm of economics but of small group sociology (and anthropology). Or can you tell me how there can be free competition between me who earns in the 5 figures, and my employer (who is capitalized in the low to mid 8 figures)? I really like John McCreery's dictum: Life isn't fair. Democracy should be. Democracy and unfettered capitalism are not compatible. There are at least two kinds of level playing fields: One where everybody, no matter how powerful or weak, gets to apply what force they have without any constraints other than Newton's laws (here the small get mauled). Two, where the force of the massive is externally restrained so that they cannot crush the small. We can play to win, or we can play to play together, in which latter case, the strongest play with (what I believe they call in golf:) a "handicap". \brad mccormick -- Let your light so shine before men, that they may see your good works.... (Matt 5:16) Prove all things; hold fast that which is good. (1 Thes 5:21) <![%THINK;[SGML+APL]]> Brad McCormick, Ed.D. / [EMAIL PROTECTED] ----------------------------------------------------------------- Visit my website ==> http://www.users.cloud9.net/~bradmcc/