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Old 12-14-2011, 01:40 AM
Baz Baz is offline
Join Date: Oct 2010
Posts: 113
Default Re: Modern capitalist China?

Originally Posted by sugarkang View Post
It's a shame that people question the beneficial effects of free trade in 2011. Never mind that virtually all economists agree, perhaps with minor caveats, all you have to do is look at the economic conditions of countries that restrict trade.
There's always those who benefit and always those who suffer. Has the middle class in the US benefited from the wave of "free trade agreements" that have been signed over the past few decades? I think not. If these agreements had genuine input from the public then perhaps it would be a different story and each sector of society could benefit somehow from "globalization" or the free trade agreements.

Virtually all economists agree...really? Parts of the west (especially the youth) have been devestated by the offshoring of production to China, India, etc.
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