Karl Marx came out in
1848 in support of free trade because he viewed a high-wage economy via protectionism as a mortal threat to communism. As economist
Ian Fletcher explains, the founding fathers set up a protectionism economic system that we had until
WWII. However back in the 1800'ds there was a group that wanted a free trade economic system, we had a big war over that.
Ian Fletcher,
Coalition for a
Prosperous America, author of "
Free Trade Doesn't
Work", discusses free trade in the context of
American history.
Fletcher points out that US trade deficit has been reasonably stable from 1960 until the mid
1990s, at which
point it increased dramatically.
Trade deficits are real money, not simply accounting balances.
Our increasing trade deficit correlates with the loss of major manufacturing industries in the
United States.
Contrary to industry hype, manufacturing is not a primitive part of the economy; manufacturing is now sophisticated and is based upon high levels of technology.
Historically, our country was not based on
Laissez-faire capitalism. Tariffs were used as an integral component of trade from 1820 but they were gradually lowered over the last half century.
While the United States allocates capital investment through the free market mechanisms of
Wall Street, countries like
China and
Japan allocate capital via large institutions responsible for central planning with apparent great success.
This presentation was given at the
2012 Social Contract Writers Workshop in
Washington, DC.
See the Social Contract
YouTube channel at
http://www.youtube.com/tsccom .
Learn more about the Social Contract at http://www.TheSocialContract.com .
http://www.tradereform.org
America Was Founded as a Protectionist
Nation http://www.huffingtonpost.com/ian-fletcher/america-was-founded-as-a_b_713521
.html
The Communist Takeover Of America - 45 Declared Goals
# 36. Infiltrate and gain control of unions.
# 37. Infiltrate and gain control of big business.
# 4. Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war.
On
January 10,
1963, the
House of Representative and later the
Senate began reviewing a document entitled "Communist
Goals for Taking Over America." It contained an agenda of 45 separate issues that, in hindsight was quite shocking back then and equally shocking today. Here, in part, are some key points listed in that document. http://www.freerepublic.com/focus/f-news/1561529/posts
Does China
Plan To Establish "China
Cities" And "
Special Economic Zones" All Over America? http://theeconomiccollapseblog.com/archives/does-china-plan-to-establish-chinese-cities-and-special-economic-zones-all-over-america
Economy in
Crisis: "Karl Marx supported free trade" http://economyincrisis.org/content/to-the-tea-party-beware-of-free-trade
What is Cultural Marxism? http://destoryculturalmarxism.blogspot.com/
2013/01/what-is-cultural-marxism.html
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- published: 20 Jan 2013
- views: 2758