Almost everyone seems to either hate free trade (usually if you've lost a job due to outsourcing) or love free trade (usually if you own a huge
business and are making tons of money). Why do we need free trade or why do we need to get rid of it?
There is no doubt that in the last 50 years, America, and the World have gone through a major revolution. Not, the information technology revolution,
but the globalization revolution. Free trade is quickly becoming the norm and no longer the exception.
Why do we need free trade? Every person has the tendency to specialize in what he or she is best at. People good with math and bad with English will
probably study and become part of a technical field because it comes natural to them. Nations are the same way. Nations good at growing cabbage will
grow cabbage. Nations bad at growing cabbage will not waste their time with it. What if the nation that doesn’t grow cabbage, needs cabbage? What if
instead of cabbage it is every kind of food that's involved?
The only way other nations can be helped and violence can be avoided is if we let them get the resources they need through free trade. If a nation
can't get the resources it needs, it will either die out or attack another nation that has the resources it needs. Free trade is a barrier against
war, first and foremost. There is no incentive to go to war if you already are receiving everything you need.
Why is free trade bad? If total free trade was adopted immediately then many workers would find themselves without jobs in a market that was booming.
An upper class that was involved in the specialized industry a respective nation adopted would explode, almost overnight. But, people not involved in
that industry would be without a profession. While this wouldn't be a problem for young people, for older people finding an entirely new profession
The Libertarian party is often inaccurately portrayed as a group that wants total and immediate deregulation of trade. This would not work because
corporations would do what they are doing now... abusing the system. Currently, corporations hold so much control over Washington they are pushing
free trade legislation through that only works in their favor. The problem with the developing state of free trade is that it benefits only
politically favored nations and is dictated only by massive corporations. Also, many workers would be left out in the cold.
What Libertarians do support is legislation that helps to remove, first, all of the lobbyists that have crippled our government, and second, develop
free trade policies that benefit all people and all nations equally. We need free trade for a prosperous and competitive America. Global free trade
would help to lessen threats of war. But an immediate switch to free trade would cripple millions.
Free trade is crucial to our future. We must support it, but not in its current state.
[edit on 8/12/2004 by lockheed]