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In reply to the discussion: Tariffs were very strong American worker wage protection, HENCE corporations hate tariffs. [View all]pampango
(24,692 posts)27. "What do you think these current "free trade" agreements are intended to do?"
PREVENT nations from doing those wonderful progressive things you describe. They are intended to remove the sovereign ability of nations to determine their own laws and policies. They are designed to make progressive values subservient to the dictates of Big Capital throughout the world.
That seems logical but you can't argue with reality. The countries with 'these wonderful progressive things' are exactly the same countries that trade much more than the US trades and they have more 'free trade', too. That may seem 'illogical' but republicans think the same about their belief that raising the minimum wage 'must' increase unemployment. "Logic" and reality sometimes conflict with each other.
FDR was big on multilateral institutions to govern international politics, trade, finance, labor, etc. I think he would agree with you that one point of that is to limit the 'sovereignty' of nations. He might disagree with you, though, that that is a bad thing.
There is no 'invisible hand' in international relations. If each country pursues its own narrow national interest, there is no magic 'hand' that causes that to result in the most peace and prosperity for everyone on the globe. FDR had seen that both domestically and internationally. He wanted the UN, GATT, the IMF and World Bank, the ILO and a host of other international organizations to tie countries together and, yes, limit their sovereignty in the interests of the greater good. In a sense he applied the same philosophy internationally that he applied to domestic policy - that there is no 'magic hand' that creates a great outcome for everyone when each person (or each country) pursues its own narrow self-interest.
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Tariffs were very strong American worker wage protection, HENCE corporations hate tariffs. [View all]
livingwagenow
Feb 2014
OP
No. Getting rid of high tariffs was a big progressive win in the early 20th century.
pampango
Feb 2014
#4
"high tariffs" are one thing; like any other regulation, tariffs can and should be used
TheFrenchRazor
Feb 2014
#5
Yes the RTAA was FDR's first step in reversing high tariffs followed by GATT and the ITO.
pampango
Feb 2014
#8
"corporations thrived under high tariffs then at the expense of the working class"
brentspeak
Feb 2014
#22
Exactly. Historically corporations have thrived and the working class suffered under both high and
pampango
Feb 2014
#26
The VAT is not a tariff. The VAT effects the final cost of imports and domestic products equally.
pampango
Feb 2014
#31
Fine. So the "Import Turnover Tax" is "the equal of the domestic VAT". When you combine the two
pampango
Feb 2014
#33
Yes there is. Even the poll you reference shows republicans want more to 'get tough' with China.
pampango
Feb 2014
#53
Ditto. The links you posted to make your case were to posts from a "banned troll".
pampango
Feb 2014
#60
Are you really suggesting that the global economy in the 1920's - 1930's has any
Egalitarian Thug
Feb 2014
#51
I believe that history is relevant. And I believe that the experience of other countries is too.
pampango
Feb 2014
#54
You asked: "Are you really suggesting that the global economy in the 1920's - 1930's has any
pampango
Feb 2014
#56
No - Fair means developing nations do not become colonies of multinational corporations
Armstead
Feb 2014
#25
Only two of the DU Corporate Warrior Brigade? It was a Sunday, I suppose.
Egalitarian Thug
Feb 2014
#52