Acton Institute Powerblog Archives

Post Tagged 'free trade'

Against trade wars as class wars

Debates between free-traders and protectionists routinely devolve into competing variations of class warfare – each claiming the cause of the “common man” against a wealthy and entrenched elite. Whereas protectionists argue that trade liberalization primarily benefits the rich, displacing disproportionate numbers of working-class employees, free-traders rush to the defense of working-class consumers, whose pocketbooks are undoubtedly harmed by tariffs and restrictions. Continue Reading...

Corporate America’s bet on China

In Dan Hugger’s most recent post about the controversy surrounding the NBA’s visit to China, he identifies the crux of the issue: “If even the mildest form of expression of solidarity can provoke the People’s Republic of China to such draconian action as to imperil the well-being of NBA players, why play in China at all?” Continue Reading...