“Marx also loved Free Trade:”
I have been assured by some on this site that I have an inferior understanding of everything because I don’t agree with free trade. I love trade, everybody loves trade, we all need trade, trade makes life much better, trade makes us all more prosperous. But, many people have been hoodwinked into believing that the trade I just mentioned means free trade. Japan reached economic heights in the 60s and 70s using trade restrictions to protect their manufacturing. China still uses trade restrictions. Only in America...
Japan is bankrupt.
China is probably bankrupt.
Protectionism didn’t save them.
America is trying hard to be bankrupt and probably is. Japan got there first.