Reply #6: Trader or Traitor? [View All]

[orwell]

This article seems extremely rational in its analysis. Protectionism, especially in such an interdependent world, is not only impossible, but undesirable, for a myriad of reasons.

This is an incredibly complex subject, but one that must be addressed. The problem with meta frameworks such as WTO and NAFTA isn't that they establish multilateral trade rules, but that the people who write the rules are doing so in their narrow self interest.

Global trade does increase total economic wealth creation. The real question is for whom? If the elites, both corporate and private, write the rules, they will gain the benefits. It is time labor and environmentalists had a seat at the table. I believe that cooler heads are starting to understand this.

O