<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: The New Socialists</title>
	<atom:link href="http://informedspeculation.com/2006/12/23/the-new-socialists/feed/" rel="self" type="application/rss+xml" />
	<link>http://informedspeculation.com/2006/12/23/the-new-socialists/</link>
	<description>Refunds Cheerfully Given To All Who Disagree</description>
	<lastBuildDate>Sat, 07 Apr 2012 09:00:47 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0</generator>
	<item>
		<title>By: Day Trading Freedom. &#124; 7Wins.eu</title>
		<link>http://informedspeculation.com/2006/12/23/the-new-socialists/comment-page-1/#comment-514058</link>
		<dc:creator>Day Trading Freedom. &#124; 7Wins.eu</dc:creator>
		<pubDate>Fri, 27 Jun 2008 20:45:37 +0000</pubDate>
		<guid isPermaLink="false">http://decision08.net/2006/12/23/the-new-socialists/#comment-514058</guid>
		<description></description>
		<content:encoded><![CDATA[<p>[...] and other EUPHEMISMSTrading the UK FTSE 100 Index Contract-for-Difference (CFD) | Nadlique&#8217;s BlogDecision &#8216;08 » Blog Archive » The New Socialists   Tags swing trading currency trading forex trading stock trading trade trade stocks trading system [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: peter</title>
		<link>http://informedspeculation.com/2006/12/23/the-new-socialists/comment-page-1/#comment-176428</link>
		<dc:creator>peter</dc:creator>
		<pubDate>Tue, 26 Dec 2006 19:50:53 +0000</pubDate>
		<guid isPermaLink="false">http://decision08.net/2006/12/23/the-new-socialists/#comment-176428</guid>
		<description>David, I agree with everything you say -- my only point is that the issue is more nuanced than a choice between laissez-faire economics and mercantilism, and not all decisions should be tilted towards the former.</description>
		<content:encoded><![CDATA[<p>David, I agree with everything you say &#8212; my only point is that the issue is more nuanced than a choice between laissez-faire economics and mercantilism, and not all decisions should be tilted towards the former.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: David M. Smith</title>
		<link>http://informedspeculation.com/2006/12/23/the-new-socialists/comment-page-1/#comment-176208</link>
		<dc:creator>David M. Smith</dc:creator>
		<pubDate>Tue, 26 Dec 2006 16:19:26 +0000</pubDate>
		<guid isPermaLink="false">http://decision08.net/2006/12/23/the-new-socialists/#comment-176208</guid>
		<description>Hi Peter,

You have some valid concerns.  However, the solution to your concerns is for China to be more like the United States not for the United States to be more like China.

Initially, I was opposed to Most Favored Nation trade status for China for some of the same reasons you mentioned.  I also considered China to be an enemy of the Untied States.  As it has now turns out, I was wrong.  

Relations between China and the United States have improved and China is much less likely to take military action against its neighbors now because of all of the customers outside of China buying Chinese produced products.  Freedom has prevailed over force.  

Sure China is not perfect, but neither is the United States.  China is becoming more free through the process.  I am still concerned about child labor practices and even slave labor in China, but what we are seeing is more people in China participating and benefiting from trade with the world.  

China may appear to have a competitive advantage in many of the cost areas now, but if China does not continue to allow more freedoms, they will end up with many disadvantages due to the relative freedom in India and other countries.  

I canâ€™t think of a single country in history that maintained a trade advantage and then prospered through government control.  I can name country after country, including present day China, that developed trade advantages through free enterprise.  

We need to choose freedom over control even if the freedom we enjoy is not perfect freedom and we need to support freedom in other countries even if the freedom they allow is not perfect.  Better should not be the enemy of best.</description>
		<content:encoded><![CDATA[<p>Hi Peter,</p>
<p>You have some valid concerns.  However, the solution to your concerns is for China to be more like the United States not for the United States to be more like China.</p>
<p>Initially, I was opposed to Most Favored Nation trade status for China for some of the same reasons you mentioned.  I also considered China to be an enemy of the Untied States.  As it has now turns out, I was wrong.  </p>
<p>Relations between China and the United States have improved and China is much less likely to take military action against its neighbors now because of all of the customers outside of China buying Chinese produced products.  Freedom has prevailed over force.  </p>
<p>Sure China is not perfect, but neither is the United States.  China is becoming more free through the process.  I am still concerned about child labor practices and even slave labor in China, but what we are seeing is more people in China participating and benefiting from trade with the world.  </p>
<p>China may appear to have a competitive advantage in many of the cost areas now, but if China does not continue to allow more freedoms, they will end up with many disadvantages due to the relative freedom in India and other countries.  </p>
<p>I canâ€™t think of a single country in history that maintained a trade advantage and then prospered through government control.  I can name country after country, including present day China, that developed trade advantages through free enterprise.  </p>
<p>We need to choose freedom over control even if the freedom we enjoy is not perfect freedom and we need to support freedom in other countries even if the freedom they allow is not perfect.  Better should not be the enemy of best.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: peter</title>
		<link>http://informedspeculation.com/2006/12/23/the-new-socialists/comment-page-1/#comment-174821</link>
		<dc:creator>peter</dc:creator>
		<pubDate>Mon, 25 Dec 2006 15:51:09 +0000</pubDate>
		<guid isPermaLink="false">http://decision08.net/2006/12/23/the-new-socialists/#comment-174821</guid>
		<description>I&#039;m all for free trade, but I wouldn&#039;t point to India or China as examples.  Both countries place strict limits on Western businesses operating within their borders or buying equity stakes in domestic companies, and China restricts foreign purchases of real estate.   China has rampant theft of foreign intellectual property, and foreign pharmaceutical companies have limited IP protection in India.  China does not allow its currency to trade freely.  Both countries have paternalistic governments which support large parts of their populations.

China and India are prospering (relative to their recent past) because they have an enormous amount of cheap labor, and both countries have entrepreneurial traditions and some very bright people to capitalize on them.

The excerpt from the op-ed may be demagoguery, but there is a legitimate point to be made.  Some American industries cannot compete with Chinese industries because the latter use child labor, compete unfairly due to a managed exchange rate, and enjoy government subsidies.  At the same time, American companies are not able to recoup their intellectual property -- whether a Tom Cruise movie, Microsoft software, or cholesterol drugs -- because they are copied or reverse engineered in China.  So while it&#039;s all well and good to say that capital seeks its greatest return, there is also the countervailing need to ensure that competition takes place on a level playing field.  At what point is it appropriate for the government to restrict free trade to protect American interests?</description>
		<content:encoded><![CDATA[<p>I&#8217;m all for free trade, but I wouldn&#8217;t point to India or China as examples.  Both countries place strict limits on Western businesses operating within their borders or buying equity stakes in domestic companies, and China restricts foreign purchases of real estate.   China has rampant theft of foreign intellectual property, and foreign pharmaceutical companies have limited IP protection in India.  China does not allow its currency to trade freely.  Both countries have paternalistic governments which support large parts of their populations.</p>
<p>China and India are prospering (relative to their recent past) because they have an enormous amount of cheap labor, and both countries have entrepreneurial traditions and some very bright people to capitalize on them.</p>
<p>The excerpt from the op-ed may be demagoguery, but there is a legitimate point to be made.  Some American industries cannot compete with Chinese industries because the latter use child labor, compete unfairly due to a managed exchange rate, and enjoy government subsidies.  At the same time, American companies are not able to recoup their intellectual property &#8212; whether a Tom Cruise movie, Microsoft software, or cholesterol drugs &#8212; because they are copied or reverse engineered in China.  So while it&#8217;s all well and good to say that capital seeks its greatest return, there is also the countervailing need to ensure that competition takes place on a level playing field.  At what point is it appropriate for the government to restrict free trade to protect American interests?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: David M. Smth</title>
		<link>http://informedspeculation.com/2006/12/23/the-new-socialists/comment-page-1/#comment-174048</link>
		<dc:creator>David M. Smth</dc:creator>
		<pubDate>Sun, 24 Dec 2006 15:51:18 +0000</pubDate>
		<guid isPermaLink="false">http://decision08.net/2006/12/23/the-new-socialists/#comment-174048</guid>
		<description>Hi Mark,

All throughout my life Iâ€™ve been asked to give to charity in order to help the poor people in China, India, Africa, and other undeveloped parts of the world.  This charity always resulted in a greater need from those countries receiving charity.  Finally, after 20 years of free trade, India and China, no longer need charity because they have developed an economic infrastructure which allows freedom of choice regarding work and purchasing decisions.  

Sadly, some of the greatest enemies of freedom are members of the American government and the citizens who elected them.  Freedom is a paradox; the more freedom we allow others to have, the more freedom we will have and the less freedom we allow others to have, the less freedom we will have.  Hopefully, free trade will prevail, but if it doesnâ€™t, letâ€™s be clear, Americans will have chosen to be less free.  

Thanks for being on the side of freedom, Mark.</description>
		<content:encoded><![CDATA[<p>Hi Mark,</p>
<p>All throughout my life Iâ€™ve been asked to give to charity in order to help the poor people in China, India, Africa, and other undeveloped parts of the world.  This charity always resulted in a greater need from those countries receiving charity.  Finally, after 20 years of free trade, India and China, no longer need charity because they have developed an economic infrastructure which allows freedom of choice regarding work and purchasing decisions.  </p>
<p>Sadly, some of the greatest enemies of freedom are members of the American government and the citizens who elected them.  Freedom is a paradox; the more freedom we allow others to have, the more freedom we will have and the less freedom we allow others to have, the less freedom we will have.  Hopefully, free trade will prevail, but if it doesnâ€™t, letâ€™s be clear, Americans will have chosen to be less free.  </p>
<p>Thanks for being on the side of freedom, Mark.</p>
]]></content:encoded>
	</item>
</channel>
</rss>

