To: luckydevi
protectionism is anti-capitalism therefore anti- free marketTrade "agreements" are also anti-free market.
The transnational companies that promote such agreements are not capitalists. They are risk-adverse corporatists. Unlike capitalists, they shun market risk and negotiate agreements that subordinate the sovereign rights of representative governments. They are undeserving of the term "capitalist".
To: Willie Green
A hypothetical situation for you, Willie:
Suppose Boeing was prohibited from signing trade agreements with other nations, who insist on taking a portion of manufacturing as part of the deal?
You have Airbus out there, willing to deal with anyone with a dollar, who undercuts Boeing on most sales deals anyway, able to win a much larger share of deals, resulting in less revenue for Boeing, with layoffs and plant-closings needed to remain in business.
When that happens, then you have an impact on every sub-contractor, who has to do the same. Then you have a bulge in unemployment, increasing costs (deficits to the states) resulting in reduced economic activity. In a place like Washington state, you are talking about an ecomomic full-blown depression.
Please dont tell me that trade agreements are anti-free market. The opposite is true. Transnational companies are not risk-averse, they are COST-averse. The cost of doing business determines how many people a company can employ.
20 posted on
06/15/2003 3:24:15 PM PDT by
Pukin Dog
(Sans Reproache)
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