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Tuesday, August 11, 2009

Globalization & History

More from Chalmers Johnson, in The Sorrows of Empire, (p. 263), on the fallacies of globalism, which always insists that a country lower or eliminate its tariff barriers to allow international trade:

"Leaving aside the former Soviet Union, the main developed countries -- Britain, the United States, Germany, France, Sweden, Belgium, the Netherlands, Switzerland, Japan and the East Asian NICs [Newly Industrialized Countries] (South Korea, Taiwan, and Singapore) -- all got rich in more or less the same way. Regardless of how they justified their policies, in actual practice they protected their domestic markets using high tariff walls and myriad 'non-tariff barriers' to trade. Britain, for example, did not accept free trade until the 1840s, long after it had become the world's leading industrial power. Between 1790 and 1940, the United States was probably the most highly protected economy on earth."

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