Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: LowCountryJoe

Everybody on this I have seen on this board who “bashes international trade”, as you put it, does so because they are nationalist, not Marxist. They make the arguements made by Pat Buchanan, that international trade agreements erode soveriegnty, and that formerly American corporations (who consider themselves “transnational” until they need a bailout) benefit from those agreements, at the expense of ordinary Americans. They oppose allowing institutions controlled by foreigners to dictate tarrif policy, a power delegated to Congress under the Constitution.

You could also take a look at how many people who take part in negotiating those agreements later go to work as consultants for foreign corporations and governments. The truth is most people who “bash foriegn trade” here don’t oppose foreign trade, they oppose trade that hurts ordinary Americans while the same people who have run US economic policy under Bush, Clinton, Bush, and Obama never seem to change and do just fine.


96 posted on 07/26/2009 8:49:50 AM PDT by Hugin (Sarah Palin: accept no substitutes!)
[ Post Reply | Private Reply | To 18 | View Replies ]


To: Hugin

Good points. But nationalism is still economically unwise populist drivel. And the fact that many corporations use politicians as a tool to curry favor and game the competitive landscape is not free market in any way shape or form.


97 posted on 07/26/2009 9:13:38 AM PDT by LowCountryJoe (Do class-warfare and disdain of laissez-faire have their places in today's GOP?)
[ Post Reply | Private Reply | To 96 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson