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A crash course in changing the world.
Freedom To Trade
Free trade is our basic human right and needs to be protected. Sadly, It is forever under threat.
This is why free trade is so important.
Here is another wonderful piece.
The Freedom to Trade Campaign is a coalition of 76 think tanks and civil society organizations in 48 countries, which supports free trade and opposes protectionism in all its guises. Please sign our free trade petition.
Here is their video on the perils of protectionism:
Please read and sign the petition here.
I am following them on
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Lets spread the word.
Views: 52
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Comment by Julio Cesar Corona Ortega on May 4, 2010 at 1:23am
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Great post.
Perhaps, the greatest economic demon that needs to be slayed today would be Reagan's "trickle down economics", guilty of most of today's economic problems, but if we add protectionism to that equation, things will get so much worse it is not even funny.
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Comment by Samiran Roy on May 4, 2010 at 1:27am
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Interesting.
Add protectionism to that and you will get India.
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Now I feel sad...
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Comment by nomadHAR on May 4, 2010 at 2:01am
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free trade is indeed a part of an better society. having equal grounds and an even market provides more choice and better products. however, corrupt governments and organizations make so much money from trade disparity and deficit that they will fight any notion of a truly free market.
in truth, i am an idealist and hope that we can rise above capitalism.
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Very true nomadHAR
I am also hoping one day children have as much choice in education as people have in products of free markets.
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Comment by Ternura Rojas on May 6, 2010 at 11:47am
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Just an IMPORTANT REMARK from my brain: before sign the petiton I have to make sure that this is not referring to free trade as described in Wikipedia. This kind of agreements result VERY harmful for the low cost producers: the providers of raw materials. Why? because I buy 10 oranges from you at 1 cent and then I sell you the proccessed juice from 10 oranges for 5$, how is that? do you think this is fair?
There is also the fact that strong economies usually are not honest at all, they breach the agreement: they keep applying protective policies when they shouldn't, and the WTO looks the other way, the WTO is always on the side of the richer countries, of course! THEY have the money, so they have the power.
Hence, I would trust more on "balanced trade" and "fair trade" instead of false/fake risky or nasty Fault Trade. T
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Ternura, have you read:
http://www.realclearpolitics.com/articles/2007/05/the_double_thanky...
and
http://www.thefreemanonline.org/columns/the-challenge-of-liberalism/#
?
http://www.republicofmining.com/2010/03/06/raw-materials-protection...
Quoting:
"Western governments are becoming increasingly concerned with this protectionism, primarily because of the direct impacts on western manufacturing competitiveness. By diminishing the availability of raw materials in the free market, the Chinese government causes western manufacturers to pay higher prices than they would otherwise. Conversely, by enhancing the supply within their own country, Chinese manufacturers pay lower prices for raw materials than they would otherwise."
Its a double loss situation.
You have confused me a little, I'd like to get nomadHAR's thoughts on this..
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Only corrupt and greedy organisations construct barriers on free trade so that they can benefit from the losses(Economic and Freedom) of the people,
This petition wants to put and end to it, thats what I believe.
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"corrupt and greedy organisations" Are we talking about the WTO organization...again? ha, ha, ha.I an not discussing the good intention of the petition, just that I am affraid someone uses this feedom to trade for the opposite purpose.
My opinion is that Free Trade will be just a "fairy tale" until transparent mechanisms are put in practice to prevent corruption. When I see a draft sketching those mechanisms I will sign the petition. This is what I would write on a letter to the Foundation for Economic Education and I guess they could actually provide this draft :-)
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(Well do huge organisations like the WTO act according to any other interests but their self?)
I really am not aware of how free trade can be used for corrupt practices, do you have any information like Ted talks/links to articles on this?
I should have researched the other side of the argument too.
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