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It's arguable whether that's really trade then - it's a bit more like a mugging. Well, historically large scale trade has been more like mugging. Perfect "free
by batista 15y ago
It's arguable whether that's really trade then - it's a bit more like a mugging.
Well, historically large scale trade has been more like mugging. Perfect "free trade" only exists in dogma/ideology. Just consider the "East India Company", how the rich cities of the american South worked, etc. Also of so-called Banana Republics, Africa colonialism and post-colonialism, etc. (Not to miss the party, USSR also had a whole array of "socialist" countries to buy their production and "trade"). Of course, there are millions of examples of political pressure to "buy our stuff", "give our companies your resources at our terms", etc. A multinational is seldom cosmopolitan -- they go where the might is.
One of books I suggest is "Debt the first 5000 years" (here's a favorable review by Financial Times, no, less: http://www.ft.com/cms/s/2/04e44606-d9a0-11e0-b16a-00144feabdc0.html#axzz1daX4Ostx http://www.ft.com/cms/s/2/04e44606-d9a0-11e0-b16a-00144feabd... )
- arethuza 15y agoYou may also like the book "Treasure Islands" interesting - it's about offshore finance. http://treasureislands.org/ http://treasureislands.org/ I'm reading it at the moment and, to be honest, I'm finding it utterly fascinating but also a bit depressing. If even half of what that book says is true then I really was very naive about how utterly corrupt the world is at a large scale.