Originally posted by mnemeth1
reply to post by SeekerofTruth101
Well, considering every economist on the face of the planet agrees with me, I'll stick to my opinion.
Free trade is one area where Keynesians, the Chicago school, and the Austrians all agree, it improves the lives of everyone involved.
If you are looking for someone to blame for the current economic mess, you should be pointing the finger at the federal reserve system and our
criminal government, not free trade.
[edit on 10-3-2010 by mnemeth1]
Lol!....sigh....I thought I could avoid battles...hate them, but your qoute made me laugh and cry at the same time.
Communism was good too and agreed by many people and influential luminaries, till the results prove otherwise.
Similarly, I care not a hoot who offers up theories, even Einstein. They are only theories, NOT truths. Predictions at best no better than the street
It is only when the results can be verified, then and only then can such theories be proven to be 'true'. Keynes may had some of his theories proven
true but NOT ALL of them.
What had been proven true by your strange theoratical economic bedfellows had been seen in the reality of this financial crisis. Proven true but
Free trade works in a level playing field among equal nations ruled by law, but the reality is that such fields DO NOT EXIST today. What Comparative
Advantage are we talking about when democracies are dealing with corrupt tyrannies? the word Free itself is a misnomer here
Even if we disregard the social order in the name of profits, dare we disregard social responsibility? After all, the Corporation owes its very
existance to its society, which made it possible. I doubt if Capitalists would have been allowed in other political doctrines, if not even heavily
regulated by them.
Free trade benefits everyone? I beg to differ. Nothing can be more further from the truth. It benefits they tyrants and fat cats, NOT the people.
Look at China - it benefitted only its 30 million CCP boot lickers and its military while 1.2 billion people starve and without social welfare,
despite 20 years of ' reform' BS.
It benefits the american people? Open your eyes to reality and look around. Wake up from your ignorance and take a closer look at the society. Jobs
are lost and majority living on low wages.
Free trade is now, in this crisis semantically changed to 'managed trade' as you claim? Global warming into climate change semantic game again?
C'mon, cut the BS and deny ignorance.
Who's to blame? The american people through their elected govt? Nope. The govt operates by rule of law and its regulations are applicable to all
across the board, within and outside US.
The Feds? Partially, as it is an oligarchy of the rich and powerful, works hand in hand with Corporations to fleece the american people, and generally
all humans dry.
The Corporations? Absolutely. I cannot even begin to describe their greed. One can only open one's eyes to today's mess.
[edit on 10-3-2010 by SeekerofTruth101]