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The American Empire in a Changing World



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Wednesday, January 25, 2012

"Protectionism Makes Comeback As Recovery Stalls"

from atlantic sentinel....


"As a result, protectionism could gain weight in the upcoming months and while it may be vilified by conventional wisdom which rightfully points out the benefits of free trade, there is a “human face” which legitimizes it.

Supporters of protectionism tend to justify their demands through what they regard as the direct negative effects of trade with other countries. Some of these effects are caused by the “unfair” practices of governments as China’s. Others are due to the abundance of cheap labor in countries as Mexico."

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