Chris,

You are right of course.   That is what is happening over here these days.

REH


----- Original Message -----
From: "Christoph Reuss" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Monday, November 24, 2003 9:19 AM
Subject: RE: [Futurework] David Ricardo, Caveman Trade vs. Modern Trade


> Harry Pollard wrote:
> > The New Internationalist is, of course, noted for its left wing
> > anti-market stance. I used to subscribe but got tired of its bias.
>
> Does that automatically make it wrong what they said about Ricardo?
> Next thing you'll say is that Pierre Pettigrew also has a leftist bias...
>
>
> > "export-led trade has come to dominate
> > the economic agenda". These are the economics of modern nation
> > states - apparently the economics you support). They adopt the
> > creed of "Export or Die" rather than the free trade position
> > which is import and live.
>
> If you are in a position to print the "world currency" at will (U$),
> then of course it's easy to "import and live" -- import all you want,
> de facto FOR FREE (paid with self-made paper money).  FREE trade,
> literally! ;-}
>
> However, other countries have to actually earn that money first (IF
> they want to import), and this usually happens by exporting stuff.
>
> For the record, I'm not particularly supporting export-led trade,
> which is neither necessary nor desirable from a localization/self-
> sufficiency position.
>
>
> > A free trader wants to abolish trade restrictions in his country.
> > If no other country wants to free its trade, that doesn't matter.
> > The free trader will unilaterally free his country's trade and by
> > doing so will remove the corporate privileges that go with
> > Protectionism.
>
> If it's like this, then please act to introduce Free Trade in your country
> only, and get your gov't to STOP pushing FT down everyone else's throat
> (as in establishing FT areas all over N.+S.America and the Middle East,
>  and bullying Europe, Asia and 3rd world into removing "trade barriers").
> Good luck in doing so, Harry.
>
>
> > Protectionism has one raison d'etre - to protect
> > corporate privileges, a policy that I suppose you support (you
> > have already admitted you agree with Big Steel shafting the
> > American people).
>
> It seems you overlooked what I wrote about legitimate fees vs.
> obscene profits.  If Big Steel is "shafting the American people"
> by giving obscene sums to shareholders and CEOs, then I don't agree.
> However, if American companies buy American steel, produced locally
> by paying fair wages, respecting environmental regulations and
> avoiding unnecessary long-distance transports, then I agree.
> It rather seems _you_ want to "shaft the American people" by
> using cheap imports, taking away their jobs.
>
> Chris
>
>
>
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