Free trade

“The US is sort of the flag-bearer for capitalism and free markets, the US continues to be a very important part of a global industry that is interconnected, that is dealing with a fungible commodity which is crude oil. So having equalisation through free trade is very healthy for oil.”

“Almost all of today's rich countries used tariff protection and subsidies to develop their industries. Interestingly, Britain and the USA, the two countries that are supposed to have reached the summit of the world economy through their free-market, free-trade policy, are actually the ones that had most aggressively used protection and subsidies.”

“* The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double standards involved in recommending free trade and to developing countries.”

“Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want more competitors emerging through the nationalistic policies they themselves successfully used in the past.”

“As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.”

“The importance of international trade for economic development cannot be overemphasized. But free trade is not the best path to economic development. Trade helps economic development only when the country employs a mixture of protection and open trade, constantly adjusting it according to its changing needs and capabilities. Trade is simply too important for economic development to be left to free trade economists.”

“Never was the military spirit half so rampant in this country since 1815 as at the present time. Look at the news from Rangoon...This makes 5400 persons killed by our ships in the East during the last five years, without our having lost one man by the butcheries. Now give me Free Trade as the recognized policy of all parties in this country, and I will find the best possible argument against these marauding atrocities.”

“If got a big head start on the 707 from multibillion-dollar military contracts to develop an air force transport, is that a sin against free trade?”

“Technological advance often thrives in sheltered and subsidized markets, which defy free trade.”

“We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U.S. industry and ratchet down wages, in the name of free trade.”

“Free trade, one of the greatest blessings which a government can confer on a people, is in almost every country unpopular.”

“If soldiers are not to cross international boundaries, goods must do so. Unless shackles can be dropped from trade, bombs will be dropped from the sky.”

“But, in general, the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.”

“"Free trade" is a slogan used to attack practices designed by competitor economies to protect their own interests.”

“Technological advance often thrives in sheltered and subsidized markets, which defy free trade.”

“"Free trade" is a policy imposed on the weakest and evaded by the most powerful.”

“Behind their fluffy rhetoric about free trade and free markets lurks a hostility toward freedom for ordinary people — and a love affair with police and prisons.”

“The program of the world's peace, therefore, is our program; and that program, the only possible program, all we see it, is this: [...] 3. The removal, so far as possible, of all economic barriers and the establishment of equality of trade conditions among all the nations consenting to the peace and associating themselves for its maintenance.”