AskProfWolff: Why Free-Trade vs. Protectionism Is Not Our Fight
Learn more about Prof Wolff's new book, The Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself. Available now!
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A Patron of Economic Update asks: "The two main positions on this issue are of course protectionism vs free trade, but I am confused because I've heard socialists advocate for both positions. Bernie Sanders has repeatedly condemned free trade deals like NAFTA, citing all the job losses that it created. Naomi Klein has spoken of the success of developmentalism in Latin American countries like Chile decades ago, with policies such as high tariffs, a focus on industrialization, and generous subsidies and social spending to aid growth and keep people afloat. However, on the other hand, I've heard Professor Wolff and other left wing and socialist people condemn economic protectionism because it creates international tensions and can raise prices.My main question is, is there any real consensus on trade on the left? And if so, what is it?"
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Видео AskProfWolff: Why Free-Trade vs. Protectionism Is Not Our Fight канала Democracy At Work
www.democracyatwork.info/books
Submit your own question to Prof. Wolff on Patreon: https://www.patreon.com/economicupdate/community.
AskProfWolff is a @Democracy At Work production. We are committed to providing these videos to you free of ads. Please consider supporting us on Patreon.com/economicupdate. Become a part of the growing Patreon community and gain access to exclusive patron-only content, along with the ability to ask Prof. Wolff questions like this one! Your support also helps keep this content free to the public. Spreading Prof. Wolff's message is more important than ever. Help us continue to make this possible.
A Patron of Economic Update asks: "The two main positions on this issue are of course protectionism vs free trade, but I am confused because I've heard socialists advocate for both positions. Bernie Sanders has repeatedly condemned free trade deals like NAFTA, citing all the job losses that it created. Naomi Klein has spoken of the success of developmentalism in Latin American countries like Chile decades ago, with policies such as high tariffs, a focus on industrialization, and generous subsidies and social spending to aid growth and keep people afloat. However, on the other hand, I've heard Professor Wolff and other left wing and socialist people condemn economic protectionism because it creates international tensions and can raise prices.My main question is, is there any real consensus on trade on the left? And if so, what is it?"
Follow Wolff ONLINE:
Web: http://www.rdwolff.com
Patreon: https://www.patreon.com/economicupdate
Twitter: http://twitter.com/profwolff
Facebook: http://www.facebook.com/EconomicUpdate
http://www.facebook.com/RichardDWolff
http://www.facebook.com/DemocracyatWrk
Subscribe to the EU podcast: http://economicupdate.libsyn.com
Shop for EU merchandise: https://democracy-at-work-shop.myshopify.com/
Видео AskProfWolff: Why Free-Trade vs. Protectionism Is Not Our Fight канала Democracy At Work
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