"Free Trade" with no limits (or protection for workers, human rights, consumers, and the natural environment) is the worst mistake in the history of the Western World. And an awful impact on free countries' national security.
While I am generally supportive of free trade,there is an argument to be made that we shouldn't rely on foreign countries for, say, defense munitions for example.
The other more important dimension not discussed here is national security. Economic gains is pointless if you lose your political freedom. For what shall it profit a man, if he shall gain the whole world, and lose his own soul?
There is a norm: competitive forms. If your forms are incompetent to compete with foreign companies, protectionism can only make them parasites: drawing public resources with no increase in output. If foreign companies can give you those products at a cheaper rates, invest the rest of money in human development. In this era, human security matters the most...
A combination of the national + continental trade would be best, such as we have in the EU…:but one shouldn’t be open to the whole world and allow players such as China overflow your economies….
countries dont possess the same advantages and dont approach the system the same way. the us has very strong IP, germany pays licensing and their growth has been pretty bad, china steals ip, and through cheaper labor thats using increasingly better process, really capitalizing on that stolen ip.. african and south american countries possess far fewer relative advantages and probably wouldnt agree with the 'free' sentiments even as much as say, the french, aka, beneficiaries of the CAF. if we plotted 'countries that think global economics is fair' by gdppc, might be illustrative
How interesting that we don't see the bad part of free trade 20 years ago when the US and EU are dominate everything except shoes and clothes. I believe many believe free trade is still politically right and much helpful for luxury brand of bags, perfumes, clothes，right?
"Free Trade" with no limits (or protection for workers, human rights, consumers, and the natural environment) is the worst mistake in the history of the Western World. And an awful impact on free countries' national security.
While I am generally supportive of free trade,there is an argument to be made that we shouldn't rely on foreign countries for, say, defense munitions for example.
The other more important dimension not discussed here is national security. Economic gains is pointless if you lose your political freedom. For what shall it profit a man, if he shall gain the whole world, and lose his own soul?
There is a norm: competitive forms. If your forms are incompetent to compete with foreign companies, protectionism can only make them parasites: drawing public resources with no increase in output. If foreign companies can give you those products at a cheaper rates, invest the rest of money in human development. In this era, human security matters the most...
One guy? Who is a free trade advocate and no one pushes on him? Lame.
Useless rules when the US EU doesn't follow
A combination of the national + continental trade would be best, such as we have in the EU…:but one shouldn’t be open to the whole world and allow players such as China overflow your economies….
Close the borders
countries dont possess the same advantages and dont approach the system the same way. the us has very strong IP, germany pays licensing and their growth has been pretty bad, china steals ip, and through cheaper labor thats using increasingly better process, really capitalizing on that stolen ip.. african and south american countries possess far fewer relative advantages and probably wouldnt agree with the 'free' sentiments even as much as say, the french, aka, beneficiaries of the CAF. if we plotted 'countries that think global economics is fair' by gdppc, might be illustrative
ah good old Europeans blaming poor countries for being poor
1:46
Protectionism will make the West great again
France is islamic now fool
How so?
@@javindhillon6294 All the factories will move back to the West
How interesting that we don't see the bad part of free trade 20 years ago when the US and EU are dominate everything except shoes and clothes.
I believe many believe free trade is still politically right and much helpful for luxury brand of bags, perfumes, clothes，right?