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Old 02-22-2007, 04:13 PM   #1428
Spanky
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Join Date: Feb 2005
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The Economist and Paul Samuelson question Free Trade

Quote:
Originally posted by Tyrone Slothrop
Because the logic of your position is that if the richest 10% of the population gains a lot from, say, getting rid of a particular tariff and the other 90% loses, but not quite as much, then you would favor getting rid of that particular tariff.

Or is that wrong? Do you favor free trade because you think it helps more people than it hurts, regardless of the aggregate effects?
I favor free trade over restricted trade because free trade benefits the economy and the society as a whole more than restricted trade. I favor Capitalism over Socialism because it provides the greatest number of benefits for the greatest number of people.

If you could demonstrate solid evidence that the introduction of socialism would benefit ninety percent of a particular society greatly and would only slightly hurt ten percent of the society, and these benefits would continue over the unforeseen future, and would certainly benefit the society more than the continued use of Capitalism, I would reexamine my support of free markets in that situation, just as if you could show me solid evidence that trade restrictions would benefit this nation as a whole, I would review my opposition to trade restrictions.

A long the same vein, if you could show me that the abolition of the DOD, the DOJ, and the DHS, would improve the national security of this nation, I would reexamine my position that the existence of these departments is beneficial for our national security.

However, I doubt anyone will ever present such evidence to me. And no one has every come close to presenting anything that would come close to the type of evidence I would need to reevaluate my position on these issues on this board.
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