Lazar D
pre 12 godina
Really no offence but i think your knowledge is also a bit narrow.The concept of Free trade existed long before Neo-liberalism ever existed as a term.it was invented by people like Adam smith who wrote the wealth of nations.In the begining he glorifies the workings of the market but later condems it if it goes to far.in that sense i say that free trade works because it should give the oppertunity for even small contendors to compete,albiet not very highly.Which means more competition.Unfortunatly corperationism destroyes that.
Really just because people like blair,Raegen,thatcher and clinton manage to mess it up does not mean you can discount an entire term for that.Was Stalin,who lived in oppulant wealth really a socialist as he called himself?
You say we cant compete against the west,is that really so.The west has competition and we are far from their league-But their quality goods are after all
1.)Expensive in many cases
2.)Shrinking with increasing trade with China.
The reason for this is because Neo-liberalism which kicked off in the eighties and with it came outsourcing.Meaning cheaper but less quility goods came along.I think that because the west is decreasing innthat sphere we can compete in goods which we can make well,but the problem is we dont.By quality products i mean things like food,clothing and so on and not just machinery as i have described before.What neo-liberalism does is it destroys faith in your own industries,If the west wont but then it goes to countries who would easily want our food surplus eg. in Africa or in Asia.In these spheres there are the new rising economies so i dont see how we cant compete in such an environment.Has anything else worked completly well so far?I think we can agree at least that Neo-liberalism does not work to well either.
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