The Cruel Joke Called “Free Trade”

EPGAH writes:

South Korea is only successful because of free trade.
SAMSUNG
Hyundai
Daewoo
You think those would happen if they didn’t have a trading corridor with us?

Free trade is ok in principle among nations that are relatively equal in economic terms. Free trade between nations which are massively unequal in economic terms is a cruel joke.

South Korea protected its market with huge trade barriers and tariffs until its companies were large enough to compete effectively with the rest of the world. This is the only way for any country to develop.

Any country wanting to develop needs to put up tariffs and trade barriers and protectionist legislation until its companies are large enough to compete with the big boys. “Free trade” between huge Western nations and third world banana republics is a cruel joke. It’s like having a foot race between an Olympic sprinter (the Western developed country) and a guy in a wheelchair ( the third world banana republic).

27 Comments

Filed under Capitalism, Economics, Government, Neoliberalism, South Korea

27 responses to “The Cruel Joke Called “Free Trade”

  1. The 1997 Asian economic crisis forced South Korea to open its markets, Daewoo went down and other Korean car makershave been brought by foreigners.

  2. Creaders

    USA promote free trade due to her overwhelming population against her trading partners. That is to say, USA is strong and her partners are weak, and USA is able to use finished high tech goods to destroy the domestic industries of partners, buy over their industries. Her trading partners will be relegate to slavery, either supplying natural resources to USA, or their citizen condemn to work for USA capitalist, while USA capitalist pocket the surplus.

    Unfortunately the emergence of China change the game. With hardworking, smart and a big population size, China will soon be the stronger party.

    China trade surplus could have use to buy up USA while elites of USA do not proscribe China to buy only treasury. Soon China high tech industry will destroy USA tech, similar to what China blue collar workers destroy USA middle class.

    Meanwhile, USA having trumpeted free trade for so long will be too embarass to eat her word. I see 2 ways if China really hit USA elites. First, slap China with punitive duties on the pretext of dumping. Next start a war with China, and all industries will move back to USA, on the name of national security.

    The 2nd option must have been in the mind of USA elites.

    • Lin

      “Meanwhile, USA having trumpeted free trade for so long will be too embarass to eat her word. I see 2 ways if China really hit USA elites. First, slap China with punitive duties on the pretext of dumping. Next start a war with China, and all industries will move back to USA, on the name of national security.”
      If the purpose is to create US jobs,its increasingly pointless. Industry world wide,china included, are getting roboticised. Its robots workers are competing with,not workers of other nations. Or it’ll be a competition between scientists and engineers. Metaphorically,the last big boat depature of cheap labour manufacturing was taken by china some 30 yrs go, followed by depature of smaller boats by Vietnam and Bangladesh. Any other poor densely populated countries trying to solve their unemployment problem by inviting ‘sweat shop’ manufacturing will have their labor wage forever capped by maintenance cost of robots

      http://fusion.net/story/210068/tsinghua-mit-top-engineering-school/

    • Thanks for this comrade Creaders.

  3. Jason Y

    Though I may sound melodramatic to right wingers, you could say the third world banana republics are no different than the Caribbean plantations from pirate days. Ultimately, these nations have no real power against the US.

    • Jason Y

      This story has been told a billion times: 80 percent of the typical third world nations are serfs, basically slaves, while the 20 percent or less cooperates with US companies, military etc.. in return for massive riches.

      Of course, they can escape this hell-hole by coming to the US, but in the process, as we all know, they steal jobs and encounter resentment from ordinary Americans and the far right.

      • Jason Y

        So do people in the third world breed normally. That seems to be something the far right brings up all the time. I’d say yes. However, they can’t get out of poverty mainly due ot massive lack of social mobility at home.

        So Robert, you mentioned that the Latin American rich say that if the poor would only save thier money and quit drinking, they would live in mansions. LOL So how foolish is that statement? Let’s look at it more closely.

        • Jason Y

          quote by epgah

          However, I think they wouldn’t appreciate that any more than we appreciate Mexico dumping their shit on us–or ironically, Mexico appreciating countries south of and worse than THEM dumping on Mexico…What do you think?

          The emigrants are just humble farmers etc.. thrown off thier land etc.. by free trade and other forms of oppression.

        • Jason Y

          quote by ep-gah

          However, I think they wouldn’t appreciate that any more than we appreciate Mexico dumping their shit on us–or ironically, Mexico appreciating countries south of and worse than THEM dumping on Mexico…What do you think?

          The emigrants are just humble farmers etc.. thrown off thier land etc.. by free trade and other forms of oppression.

        • Jason Y

          Ep-gah is saying Mexico etc.. is dumping thier shit on the US. Is he saying 80 percent of the population in your typical third world nation is shit? Seems like it.

          Oh I get it. Only rich sell-outs who cooperate with free trade etc.. are good people.

        • EPGAH

          Yes, bad people make bad culture make bad country.
          Why do you think the areas Mexicans infest in America turn to shit too?
          Is that just a coincidence in your bizarre cosmology?
          And you keep saying whites with enough money can leave. Leave WHERE? Mexicans aren’t satisfied with converting an area to the same Hell they left. They spread and corrupt new areas.
          Ultimately, Americans WILL be driven out of America by Third World invasion.

          Now here’s the kicker: The ones that invade America are shit. The ones who are part of the economy have a Good Thing Going and wouldn’t VOLUNTARILY leave Mexico, right?
          You steadfastly deny this.

          BUT I bet you’d feel more than justified in calling the Americans invading Canada to flee Mexico’s castoffs all SORTS of names, right?

          We can argue what percent of the Third World population is shit, but remember, we’re not getting the good people, we’re getting the shit, the Zetas and their “unsolved” murders, people that want higher wages without actually making themselves worth more, and of course the “We Will Not Comply” battalions. If they were still in Mexico, they’d cause problems in Mexico. Dumping them on US means they cause US problems and send money BACK!
          Mexico loses deadweight and gains propulsion–and the opposite for us!

        • EPGAH

          Remember, the emigrants from America to Canada would just be humble Americans thrown off our land by Mexicans so violent and worthless even MEXICO didn’t want to keep them!

          And all the forms of oppression, from drugs to rape to murder, they bring with them!

        • EPGAH

          You keep saying the Third World “breeds normally”, but that’s not true, otherwise they wouldn’t outnumber us in our own countries–and for that matter, wouldn’t have TENS OF MILLIONS to dump on us, if they weren’t overbreeding!

          Pick a country in Europe, and tell me how many MILLIONS they have to spare to dump on the Third World. Then pick a Third World Hell and tell me how many MILLIONS they have to spare to dump on US! Or just count how many MILLIONS they already HAVE dumped on us!

          That will help you count how much they’re overbreeding.
          Round to the nearest MILLION if it helps your calculations?

  4. Noneofmany

    Smoot-Hawley is blamed for the depression because free trade retards control economic discourse in this country.

    When Smoot-Hawley was passed America was a net exporter. After it passed European countries tarifed US goods in retaliation.

    Today it’s the other way around. In a Smoot-Hawley type global enviroment China and other exporting countries would be the hardest hit.

    • EPGAH

      If that last paragraph is true, why aren’t we doing just that?
      No amount of military force could get China to stop expanding into other countries’ backyards, but maybe hitting them in the WALLET might bring them to heel?

  5. neoliberalism is good for the parasites

  6. Jason Y

    Trying to keep a low profile (due to some social problems on this blog), but I will make mild comments.

    Apparently Ep-gah belives oppression doesn’t exist because the working class people, which is 80 percent of the population, are bad people. Therefore the source of anything bad is the people mostly and not greedy foreign and “at home” capitalists.

    • Jason Y

      What’s worse, is accoriding to race realism, the “bad people” are not bad due to thier choices alone, but it’s also genetic If only the Latin Americans hadn’t practiced so called “trans-humanism” and created so called “ugly abomination half-breeds”, their economies would match Japan.

      • EPGAH

        Well, how do YOU account for it? Japan was NUKED–TWICE–and they’re more productive than Mexico, which has been nuked a grand total of ZERO times, as far as I can tell.

        Do Mexicans need a NUKE to get their asses in gear — and as a bonus, to reduce the excess population that would otherwise be dumped on America — or is it something genetic or cultural?

        What CAUSED their bad choices? To paraphrase one of Robert’s earlier posts, if they BEHAVED like Norwegians or Japanese people instead of how they do act, noone would hate them. So what made them behave that way in the first place? What made them sell America land and attack us to try to steal it back?

        It’s a Chicken Or Egg problem of Third World evil. But until it gets sorted out, keep THAT away from us.

        And no, I have nothing against the working class. In fact, by keeping out illegals, we would be PROTECTING the working class — of OUR country!
        THEIR working class needs to be put to work. Or at the very least, needs to be THEIR country’s problem!

        All the jobs that go to Mexico, and they invade HERE “for the jobs”? No, I don’t believe that. They invade here for the benefits. Benefits that are supposed to go to OUR country’s people! So by invading, THEY are oppressing the working class!
        Mexicans drive down wages and drive up unemployment, even if you ignore the crimes they commit in their off-hours.

        And again, I ask you: If an entity makes its life better by making an American’s life worse, doesn’t that make that entity America’s enemy?

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