Sentient Void
Member
- Joined
- Feb 9, 2008
- Messages
- 2,472
Sounds like *waaaaay* too much knee-jerk emotional reactions going on here and not enough education in economics nor liberty. I applaud those in this thread defending liberty and the free market to such ignorant comments.
First and foremost - protectionism is never ever ever *EVER* good - for ANYONE. By instituting protectionist tariffs/regulations on other nations, for whatever reason - you're less able to buy from them and give them money in order to buy more from you. Not only that, but you would be punishing efficient production and subsidizing inferior businesses here, rewarding unproductive business. On top of that, you end up spending much more of your money on the same product as opposed to otherwise - whereas that money would have been freed up to buy other goods and services - helping to create/maintain other more productive jobs here and abroad as well. The only people being helped are those inefficient unproductive VERY few in the unproductive company(s) you're trying to help, at the expense of *EVERYONE ELSE*, domestic and foreign. Such lobbying for protectionist tariffs/regulations, naturally - is virtually always done by the industries who are hurting because they can't compete either due to bad management or restrictive/stifling govt regulations/taxes. These are the simple, basic arguments against protectionism. In the end, you're raising the costs of living for *EVERYONE*, and in turn lowering the standard of living.
Secondly, THIS :
Thirdly, THIS VIDEO sums it up pretty well... great find! :
Ahhh... I love John Stossel. What a breath of fresh air amongst all the ignorant noise out there.
And, for all those SUPPOSED libertarians in this thread who are against true capitalism... this :
http://www.libertarianstandard.com/2010/04/21/four-questions-for-anti-capitalist-libertarians/
First and foremost - protectionism is never ever ever *EVER* good - for ANYONE. By instituting protectionist tariffs/regulations on other nations, for whatever reason - you're less able to buy from them and give them money in order to buy more from you. Not only that, but you would be punishing efficient production and subsidizing inferior businesses here, rewarding unproductive business. On top of that, you end up spending much more of your money on the same product as opposed to otherwise - whereas that money would have been freed up to buy other goods and services - helping to create/maintain other more productive jobs here and abroad as well. The only people being helped are those inefficient unproductive VERY few in the unproductive company(s) you're trying to help, at the expense of *EVERYONE ELSE*, domestic and foreign. Such lobbying for protectionist tariffs/regulations, naturally - is virtually always done by the industries who are hurting because they can't compete either due to bad management or restrictive/stifling govt regulations/taxes. These are the simple, basic arguments against protectionism. In the end, you're raising the costs of living for *EVERYONE*, and in turn lowering the standard of living.
Secondly, THIS :
You do realize that there's such a mad clamor among the Chinese peasantry to get factory jobs like this because the pay is actually better and the work safer and easier than life on their subsistence farms, right?
Why do you hate the Chinese so much, that you want to deny them even the smallest improvements in their quality of life by refusing to trade with them?
Thirdly, THIS VIDEO sums it up pretty well... great find! :
Ahhh... I love John Stossel. What a breath of fresh air amongst all the ignorant noise out there.
And, for all those SUPPOSED libertarians in this thread who are against true capitalism... this :
http://www.libertarianstandard.com/2010/04/21/four-questions-for-anti-capitalist-libertarians/
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