General Discussion

Xolodno

(6,384 posts)

13. Nothing wrong with free and open trade.

Reply to nationalize the fed (Original post)

Mon Apr 27, 2015, 04:39 PM

Apr 2015

Areas with "comparative advantage" can produce more efficiently with less resources. In economic theory.

Economic reality, wages are not on par thus creating a "false" comparative advantage in labor. Protection of resources is also not addressed which can create another false advantage. Plus there isn't free movement of population, access to education, etc.

Two or more well developed nations all on roughly equal footing, freely trading goods and services that work on each nations strengths is good.

Free trade with depressed nations...well, that's just bullshit.

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Noam Chomsky: Every Word in the Phrase ‘Free Trade Agreement’ Is False [View all] nationalize the fed Apr 2015 OP

K&R marym625 Apr 2015 #1

Thanks nationalize the fed Apr 2015 #2

Ah well, now it's Chomsky under the bus... riderinthestorm Apr 2015 #3

It's an articulated bus nationalize the fed Apr 2015 #7

Gotta kick this and hope Chomsky can crawl out from under! riderinthestorm Apr 2015 #8

Our president has proven himself to be a corporatist worthy of being a Republican. Puzzledtraveller Apr 2015 #4

He said himself his policies were republican from the '80s nationalize the fed Apr 2015 #9

I suppose this means Noam Chomsky is designated dishonest HereSince1628 Apr 2015 #5

Kick for Chomsky hifiguy Apr 2015 #6

Chomsky, as ever, is a genius, and states the obvious, which closeupready Apr 2015 #10

William K. Black seems to concur. Octafish Apr 2015 #11

So true. ananda Apr 2015 #12

Nothing wrong with free and open trade. Xolodno Apr 2015 #13

kick nt Electric Monk May 2015 #14