Re: Response to Keith Hudson

1998-02-08 Thread John Hollingsworth
I thought that was a excellent and clear response, Eva. The consideration of markets as the only legitimate or 'normal' form of economic regulation ignores factors that cannot be so easily generalized across all commodities in a capitalist system. For instance, it ignores the welfare question

Re: Response to Keith Hudson

1998-02-07 Thread Tom Walker
Harry Pollard wrote, It would be too much, perhaps to ask you to read Henry George's "Progress and Poverty" where he asked 120 years ago 'why, in spite of enormous progress in production, is it so hard to make a living?" Then he proceeded with magnificent reasoning to come to conclusions - and

Re: Response to Keith Hudson

1998-02-07 Thread Durant
Free trade is simply unrestricted exchange of goods between people. In other words it is the continuance of cooperation between people that has existed since the beginning and which has taken us from tribal insularity to a broad vision of the whole world. At some time this cooperation

Re: Response to Keith Hudson

1998-02-06 Thread Harry Pollard
David wrote: KEITH: Well said. The "modern" debate about free trade, globalisation and so forth is merely today's equivalent of the debate about usury that went on for a thousand years in the Middle Ages (and before that in Greek and Chinese times). Every time free trade resumes and prosperity

Re: Response to Keith Hudson

1998-02-05 Thread David Burman
At 05:41 PM 2/4/98 -0500, Ed Weick wrote: I'm not quite sure of what to make of this, but it strikes me as being a supreme example of assigning a single cause to a multi-faceted problem. Many populations have benefitted from increased trade. Others have not - for example, Sub-Saharan Africa.

Re: Response to Keith Hudson

1998-02-04 Thread Ed Weick
David Burnam: The problem with free trade is not prosperity, although some few are becoming enormously prosperous, but in fact impoverishment of the majority, and of the planet itself. The GNP is a poor measure of prosperity, for while billionaires are being created in unprecedented numbers, the