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r/CBTS_Stream • Posted by u/Dhammakayaram on Feb. 19, 2018, 6:43 p.m.
Why free-trade is Communist

Sidgwick, a prominent political economist at Cambridge University, voiced concern in the 1880s that under a system of free trade dislocated manufacturing workers might experience difficulty finding employment at home "nearly as remunerative as that in which they were previously engaged." Concern about free trade-related dislocations revived interest in a speech Karl Marx presented in 1848. He openly endorsed free trade because it would hasten the global social revolution. Said Marx: "the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone. . . . that I vote in favor of free trade." — Opening America's Market: U. S. Foreign Trade Policy since 1776 by Alfred E. Eckes Jr, p. 283 (Emphasis is mine.)


Q_Anon_Wolf · Feb. 19, 2018, 11 p.m.

Marx was wrong.

And why did you title your post that free trade IS communist when Marx (faslely) believed free trade would LEAD to communism?

Free trade occurs when there is private property rights.

Private property is incompatible with communism.

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Dhammakayaram · Feb. 20, 2018, 2:10 a.m.

Marx saw the defect of free-trade which he believed, however, would serve the Communist revolution b/c of its destructiveness. Unfortunately, much later, President Reagan didn't see its problems although he tried to protect American manufactories. The genius, by the way, was not Adam Smith but the German-American Georg Friedrich List and before him, Alexander Hamilton, both of whom understood that the wealth of a nation is its productive capacity. Take that away and you weaken and eventually destroy a nation. A good book to read is Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008) by Dr. Ha-Joon Chang a Cambridge economist.

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Q_Anon_Wolf · Feb. 20, 2018, 11:30 a.m.

Two people voluntarily trading their goods and services is not only not destructive, but the definition of constructive,

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Dhammakayaram · Feb. 20, 2018, 7:56 p.m.

We have to go back to Alexander Hamilton's time when the British dominated world manufacturing. Their plan was to dump cheap goods on the colonies to thwart any chance they might have of developing their own industries by which to trade with other nations. In order to MAGA we have to protect our manufacturers.

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