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Um, that's how a country moves up in the world. Free trade is from some points of view an illusion. Markets are ruled by the most powerful up to a point. If a
by fsloth 8y ago
Um, that's how a country moves up in the world.
Free trade is from some points of view an illusion. Markets are ruled by the most powerful up to a point. If a country wishes to boost its' industry, then state intervention to market forces is, when used keenly, a useful tool.
The fact that most industrial countries bootstrapped their development by happily ripping of patents and supporting their own industries through state intervention is often forgotten nowadays when discussing what is fair and what is not in global trade.
In the early 19th century US ripped their factory tech from the british. Etc.
See for example:
https://www.smithsonianmag.com/smart-news/how-industrial-espionage-started-americas-cotton-revolution-180967608/ https://www.smithsonianmag.com/smart-news/how-industrial-esp...
Similar stories can be found from around the globe.
So, just to make this clear: you cannot really argument from a fairness point of view, but, you can of course argument from US centric point of view - which is totally fine, just as long as you understand you are not on a moral high ground, but just supporting a particular team in a game.