To: Cacophonous
A common mistake is to confuse free markets with free trade. Two very different concepts. The former is a cornerstone of capitalism. In order tp work, the latter depends on the former for everyone concerned. Therefore, "free trade" (as it is currently envisioned) between differing economic systems will never happen.
Precisely my point. While a global Free market system would be fantastic IMHO we are not anywhere close to implementing that nor will we be in my lifetime of even the lifetime of anyone alive today.
336 posted on
07/30/2003 6:23:26 AM PDT by
harpseal
(Stay well - Stay safe - Stay armed - Yorktown)
To: harpseal
I don't even think it's possible, given the disparate cultures and societies that exist. Some peoples (such as those in the Middle East and some in Latin America) are simply not suited for a form of government (republic, limited democracy) that promotes capitalism. It's not in their nature, their history, their culture. And to try to force it is foolish.
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