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I believe that artificial protectionism and forced mercantilism are the millstones around our necks that keep us and the world from truly benefiting from all of the resources that are out there and need to be dismantled both here and abroad. I believe that the import duties that we pay for products just because they are cheaper than the ones made domestically hurt the poor and prop up industries that are in need of overhauling or at least revitalization. I believe that subsidies given to farmers so that they can make their crops cheaper for export help hurt famers in Africa and elsewhere by undercutting their prices and so force peoples of poverty stricken nations to remain poor and hungry and not develop their own farms and rely more and more on American grain that they will soon no longer be able to afford.
I believe in the attem
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Why do I believe in all of this? Because I just ordered a new laptop for almost a third of what I paid for one 4 or 5 years ago with a hell of a lot more bells and whistles than I have now. Designed by some people in California and made with parts that were constructed in Malaysia by some woman making some ridiculously low salary, but still high for her neck of the woods. And then it was assembled in Mexico for pesos on the dollar. Who knows what the thing would have cost if it were all done in New Hampshire. Progress? Perhaps. World trade and globalization? Definitely, and I’m loving it.
If all of us can can create wealth then all of us should share the wealth. And so I say in the spirit of the Olympics, One World! One Dream!
Funny. Thanks for this post...just as I'm looking at buying a new laptop myself. Mine is actually overheating, I think.
ReplyDeleteu are correct and they imped us to compet and make the best and be the best
ReplyDeleteDarius - We must have the same model. Just don' let it catch on fire.
ReplyDeleteT - That's what life should be about, being the best that you can be without being propped up unneccesarily.
Now I think I paid too much for my damn laptop....
ReplyDeleteOMO - As long as the price of laptops keep going down every year and their capabilities keep increasing, you will always pay more than you should have.
ReplyDelete