On a purely intellectual level, how does allowing China to constantly rig trade in its favor advance the core conservative goal of making markets more efficient? Markets do not run better when manufacturing shifts to China largely because of the actions of its government. Nor do they become more efficient when Chinese companies are given special privileges in global markets, while American companies must struggle to compete with unfairly traded goods.
Robert LighthizerRelated topics
advance favor given goods government intellectual making manufacturing nor rig run trade while globalRelated quotes
The American farmer, whose holdings were not so extensive as those of the grandee nor so tiny as those of the peasant, whose psychology was Protestant and bourgeois, and whose politics were petty-capitalist rather than traditionalist, had no reason to share the social outlook of the rural classes of Europe. In Europe land was limited and dear, while labor was abundant and relatively cheap; in America the ratio between land and labor was inverted.
Richard Hofstadter
I am obliged to confess that I do not regard the abolition of slavery as a means of warding off the struggle of the two races in the Southern states. The Negroes may long remain slaves without complaining; but if they are once raised to the level of freemen, they will soon revolt at being deprived of almost all their civil rights; and as they cannot become the equals of the whites, they will speedily show themselves as enemies.
Alexis de Tocqueville
We are confident that the normalization of Armenia-Turkey relations can become the greatest input of the recent decades in achieving peace and stability in the South Caucasus. With this vision, we have agreed to move forward without any preconditions, not making our relations contingent upon Turkey's recognition of the Armenian Genocide. However, if, as many suspect, it is proven that Turkey's goal is to protract, rather than to normalize relations, we will have to discontinue the process.
Serzh Sargsyan
Part of America's industrial problems is the aim of its corporate managers. Most American executives think they are in the business to make money, rather than products or service...The Japanese corporate credo, on the other hand, is that a company should become the world's most efficient provider of whatever product and service it offers. Once it becomes the world leader and continues to offer good products, profits follow.
W. Edwards Deming
We shall not read it for its sociological insights, which are non-existent, nor as science fiction, because it has a general air of implausibility; but there is one high poetic fancy in the New Atlantis that stays in the mind after all its fancies and inventions have been forgotten. In the New Atlantis, an island kingdom lying in very distant seas, the only commodity of external trade is - light: Bacon's own special light, the light of understanding.
Peter Medawar