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View Diary: Peasants as far as I can see (169 comments)

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  •  Protectionism will just make it worse (1+ / 0-)
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    coffeetalk

    Just like in the 30s with the Smoot/Hawley tariffs.

    (-5.50,-6.67): Left Libertarian
    Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

    by Sparhawk on Tue Dec 11, 2012 at 09:04:52 AM PST

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    •  If that's true then we're screwed (5+ / 0-)

      and we might as well give up.  I don't think it is true.  Protectionism alone will fail, but there are plenty of countries that have done perfectly well for themselves with protectionist regimes.  There's just the matter of rebuilding the manufacturing base and other issues as well.

      The revolution will not be televised. But it will be blogged, a lot. Probably more so than is necessary.

      by AoT on Tue Dec 11, 2012 at 10:00:06 AM PST

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    •  No country (0+ / 0-)

      has ever become an economic power without protecting their home markets. It sure seems to be working for the Chinese.

      "A lie is not the other side of a story; it's just a lie."

      by happy camper on Tue Dec 11, 2012 at 07:51:55 PM PST

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    •  Who uprates this shit? (0+ / 0-)

      oh.

      It's been a hundred years, isn't it time we stopped blaming Captain Smith for sinking the Titanic?

      by happymisanthropy on Tue Dec 11, 2012 at 08:44:46 PM PST

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    •  but (0+ / 0-)

      if they drag the entire planet down, there will be literally no one to sell to.  Their system only works if there are poor people to hire and (relatively) rich people to sell to.  If everyone were as poor as they are trying to make us, they will have no market.

      It's been a hundred years, isn't it time we stopped blaming Captain Smith for sinking the Titanic?

      by happymisanthropy on Tue Dec 11, 2012 at 08:47:34 PM PST

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