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| ResurrectionSong
Monday, June 13, 2005Closed Markets, Central Control, and Massive Social HandoutsI might be reading between the lines a bit much, but Hugo Chavez is prescribing precisely that to fix problems in South and Central America.
The socialism concept isn’t even a tiny bit surprising, but the opposition to expanding free trade is utterly self-defeating. What, He wants the US to impose tariffs on things that others can provide cheaper and easier? He wants it to be harder to break into one of the most potentially lucrative markets in the world? I’m thinking he doesn’t really understand the problem. The problem, for them and for American consumers, is that we don’t actually have free trade throughout the Americas. He should be pushing for more radical free trade agreements, not closed markets. The path out of poverty would be helped along nicely by new industry and cash crops, both of which would expand with a truly open free trade zone in the Americas. Perhaps, though, the point isn’t really any economic or political pet theory. Perhaps the point is that when you can use the name of the United States to frighten your own people, you have an easier time consolidating power. Page 1 of 1 pages
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