Acton Institute Powerblog Archives

Post Tagged 'trade war'

Against trade wars as class wars

Debates between free-traders and protectionists routinely devolve into competing variations of class warfare – each claiming the cause of the “common man” against a wealthy and entrenched elite. Whereas protectionists argue that trade liberalization primarily benefits the rich, displacing disproportionate numbers of working-class employees, free-traders rush to the defense of working-class consumers, whose pocketbooks are undoubtedly harmed by tariffs and restrictions. Continue Reading...

Alejandro Chafuen in Forbes: Xi Jinping’s ‘New Long March’

Alejandro Chafuen, Acton’s Managing Director, International, writes today in Forbes of the growing trade war between the United States and China. Chinese president Xi Jinping recently characterized the road ahead as a “new Long March,” in a reference to Mao Zedong’s legendary strategic retreat from Chiang Kai-Shek’s nationalist forces in 1934. Continue Reading...
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