Difference between revisions of "Globalization, Free Trade and Economic Freedom"
From Critiques Of Libertarianism
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Because capital is more mobile than labor, this advantages capitalists over workers. | Because capital is more mobile than labor, this advantages capitalists over workers. | ||
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| + | Note also that globalization does NOT imply free trade or economic freedom. It simply means exchange between nations, at whatever rate with or without regulation. Frequently, globalization is credited with raising incomes of the world's poor, but not because of free trade or economic freedom (consider China, for example.) | ||
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