Loading...

Ian Fletcher - The Case Against "Free" Trade

5,334 views

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Jan 20, 2013

Karl Marx came out in 1848 in support of free trade because he viewed a high-wage economy via protectionism as a mortal threat to communism. As economist Ian Fletcher explains, the founding fathers set up a protectionism economic system that we had until WWII. However back in the 1800'ds there was a group that wanted a free trade economic system, we had a big war over that.

Ian Fletcher, Coalition for a Prosperous America, author of "Free Trade Doesn't Work", discusses free trade in the context of American history. Fletcher points out that US trade deficit has been reasonably stable from 1960 until the mid 1990s, at which point it increased dramatically. Trade deficits are real money, not simply accounting balances.

Our increasing trade deficit correlates with the loss of major manufacturing industries in the United States. Contrary to industry hype, manufacturing is not a primitive part of the economy; manufacturing is now sophisticated and is based upon high levels of technology.

Historically, our country was not based on Laissez-faire capitalism. Tariffs were used as an integral component of trade from 1820 but they were gradually lowered over the last half century.

While the United States allocates capital investment through the free market mechanisms of Wall Street, countries like China and Japan allocate capital via large institutions responsible for central planning with apparent great success.

This presentation was given at the 2012 Social Contract Writers Workshop in Washington, DC.

See the Social Contract YouTube channel at http://www.youtube.com/tsccom .
Learn more about the Social Contract at http://www.TheSocialContract.com .

http://www.tradereform.org

America Was Founded as a Protectionist Nation http://www.huffingtonpost.com/ian-fle...

The Communist Takeover Of America - 45 Declared Goals

# 36. Infiltrate and gain control of unions.

# 37. Infiltrate and gain control of big business.

# 4. Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war.

On January 10, 1963, the House of Representative and later the Senate began reviewing a document entitled "Communist Goals for Taking Over America." It contained an agenda of 45 separate issues that, in hindsight was quite shocking back then and equally shocking today. Here, in part, are some key points listed in that document. http://www.freerepublic.com/focus/f-n...

Does China Plan To Establish "China Cities" And "Special Economic Zones" All Over America? http://theeconomiccollapseblog.com/ar...


Economy in Crisis: "Karl Marx supported free trade" http://economyincrisis.org/content/to...

What is Cultural Marxism? http://destoryculturalmarxism.blogspo...

Copyright Disclaimer under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use No Copyright Infringement intended.

  • Category

  • License

    • Standard YouTube License

Loading...

When autoplay is enabled, a suggested video will automatically play next.

Up next


to add this to Watch Later

Add to

Loading playlists...