Stossel really believes that people are "happy to make $1 a day making clothing for American children." That "$1 a day" is the result of free trade. What is his solution? "Free trade." Watch and wonder at the incredible arrogance and ignorance of this neoliberal idiocy. "Free trade" is a euphemism for exploitation.
Don't bother resisting sweat shops. Those people deserve their conditions until they work harder and become "lifted up" out of their primitive states. Until they realize the free-market dream (that one that holds them down as peripheral people in a cancerous system of resource exploitation and depletion) they'll just have to accept their places.
What a greedy near-sighted infant. Maybe we should put him, Glenn Beck, and Bill O'Reilly on a boat to Bangkok, get them kidnapped by pirates, and force them to work for "$1 a day" (working day = 14 hours) 6-7 days a week, and see what he thinks after he sees my kid walking around in the clothes they've made. Think he'd like that? Idiot.
Monday, July 27, 2009
John Stossel is an idiot
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3 comments:
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Have you taken an ECON course within the past century? Ricardo's Theory of Comparative Advantage is widely accepted among economists. Finding an economist that opposes free trade is like finding a creationist biologist. They exist, but they take the short bus to work.
Why are progressives still living in the bronze age? If you want human progress, freedom, and utilitarianism, your goals are best achieved with mostly free markets, mostly free trade, and a strong yet sensible social safety net. So many on the Left still lack the ability to think like an economist. Microeconomic policy is the one area where Republican rhetoric isn't entirely retarded, while the presumably more intelligent Democrats remain inept with regards to basic economic principles.
You assume that our goal is the economic maximization of utility. Free trade is a nightmare because it has totally failed to maximize human welfare. It is an abject failure that has eroded the environment (Indonesia and the Philippines anyone?), has created massive unemployment (seen the industrial poor supporting the surplus in Mexico?), and created massive over-consumption in the core (look at the U.S. and argue for our happiness and health). F-A-I-L-U-R-E.
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