Originally posted by rwh11385
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Originally posted by Grueliusand i do not know what bugg brakes are.
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Ah, the great problem of what a free-market fan gets into when there is already policy, and the rest of the world is pro intervention.
If the entire world could go free market, that'd be great....but not going to happen..... (If we were, each nation would specialize and we would rely on trade for the things we need. However, wars and all that stress would get in the way. It is a good compromise to have each nation somewhat self-reliant, but focusing on the industry they are most efficent at)
If one truely believes in the 'free-market' or 'laissez-faire', then they would be completey opposed to any form of government intervention in the market (read: tariffs, subsidies, etc.). Isn't it ultimately the consumer who is at the greatest disadvantage when it comes to subsidies and tariffs?
As far as consumer goes, maybe a lil. When we subsidize goods, the producers can make a greater profit, and offer lower prices in the domestic market as the amount of business increases. They can also invest more into themselves, and increase efficency, reducing prices. When we had tariffs, we increase the prices of foreign goods. This would hurt us on products we rely on from other nations. However, it protects our domestic production and in turn protects our jobs. But that helps the consumer.
p.s. Ken, thanks for participating in intelligent debate, instead of just cussing me out or having us call each other idiots. :)
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Part of your argument rests on the assumption that the international industries in the US desire a free-market. However, emperical evidence illustrates that the opposite is true. For example, I'm sure that you're familiar with steel tariffs of 2002 (a tariff of over 30% was imposed on any foreign produced steel); President Bush recently was forced to repeal them by the WTO on the grounds that they violated free-market principles. The autoproducers in Detroit were staunchly opposed to the tariffs because their cost of production went up. The steel industry, as well as the steel-workers unions, were in favor of them because they increased profit-margins. A truely free market will lead to the demise of the industrial worker in the US.
... to be continued. I've gotta run to BrewFest! :DOriginally posted by Grueliusand i do not know what bugg brakes are.
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Nah, rather.....it would be ideal if the world was free market. But the sad part is some industry would not fair as well. The steel industry, my spidy sense is telling me, is not naturally competition with the world. Hence, we need to put up tariffs. If they weren't in existence, our industry would be hurt, which would not be good. Obviously. But we are stubborn and instead of moving resources from an industry, we attempt to protect it. (Like how we still have automakers, even if our product sucks......:roll: )
What is good intervention for one industry is shitzfil for the other. If tariffs were placed on other nation's cotton, so our domestic produces can raise prices.....the clothing industry locally would suffer as well. That is where nature is beauty. Without intervention, clashes such as these would not occur.
WTO and treaties about tariffs are set up to try to limit too many shenanigans. We can't quite raise tariffs to help ourselves, and not expect other nations would do the same.....which would be bad.
Looking forward to more economic speak. Have fun @ Brewfest.
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Originally posted by AndreNYrwh11385: ONCE AGAIN how can you TALK about socialism when you never lived in a socialist country?. what you wrote about socialism doesn't make sense at all, it is obvious that you are mixing Socialism with communism and that is not the same my friend.
have you ever experienced capitalism? It's great, I really recommend it. (;))
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