Quote:
Originally Posted by SamIam
Yeah, nothing like playing by two sets of rules. Seems like the free market is losing to our communist friends. But you be thankful all you want. Its a free country. The US, I mean.  |
It isn't about "winning," with free trade both sides of the trade benefit. I can attempt to explain the "miracle of free trade" but the short story "The Choice: A fable of free trade and protectionism" by Russell Roberts does it better than I can.
Personally I think that exposure to free trade has done more to "defeat" Communism than any war ever would. China has of their own will opened large free trade areas and will undoubtedly expand these areas due to their prosperity. Young Chinese will gain experience and familiarity with free trade, and the move away from Communism will begin.
What would you prefer? Expending more resources than we have to for basic commodities, for the benefit of lowering the standard of living for the Chinese?
