Difference between revisions of "Globalization, Free Trade and Economic Freedom"

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[[Category:Laissez Faire]]
 
[[Category:Laissez Faire]]
 
[[Category:Economics]]
 
[[Category:Economics]]
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[[Category:Development Economics|200]]
 
[[Category:Libertarian Propaganda Terms]]
 
[[Category:Libertarian Propaganda Terms]]
 
[[Category:Deregulation]]
 
[[Category:Deregulation]]
{{DES | des = Code for "let business run the world: the heck with the populace." The anti-liberal dominance of plutocratic property and business over popular sovereignty. Historically, we could extend these concepts to include buying, owning, and selling slaves. The arguments made then were the same. Used by propagandists to trump other freedoms. Also known as economic liberty. | show=}}
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[[Category:Redistribution (propaganda sense)]]
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{{DES | des = Code for "let business run the world and the heck with the populace." The anti-liberal dominance of plutocratic property and business over popular sovereignty. Historically, we could extend these concepts to include buying, owning, and selling slaves. The arguments made then were the same. Used by propagandists to trump other freedoms. Also known as economic liberty. These also result in large-scale [[Redistribution (propaganda sense)|redistribution]], which capitalists prefer you not notice. | show=}}
 
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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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Latest revision as of 13:26, 27 October 2019