Thursday, June 28, 2007

Inherently Unlevel Fields

[posted by Callimachus]

Almost all rich countries got wealthy by protecting infant industries and limiting foreign investment. But these countries are now denying poor ones the same chance to grow by forcing free-trade rules on them before they are strong enough.

Full argument here for affirmative action in globalization.

I am not an economist; I do see economic globalization as essential to the best available future for humankind. But as someone who studied at close range the tariff issues in the U.S. in the early 19th century, and employing my schoolyard sense of fairness (which might not be appropriate here) I think this makes a lot of sense.