Real economists use mathematics. Show me the numbers and I'll pay attention.
If we were talking about pure numbers, then sure, I would happily "show you the numbers"... In truth what I believe we are discussing are the negative impacts that favoring a certain mode of thinking have on the rest of the world, particularly the 3rd and 2nd world nations.
Theories are predictive models. They are useful insofar as they are correct. Nothing in that paragraph even makes sense.
Everything in that paragraph makes sense if you had some knowledge of this topic outside of your wallstreet journal readings into it. To repeat, because of our global influence economically we are able to dictate to others how they will operate economically...and how is that freedom again?
There's no such thing. It's as simple as that. There are no "financial forces that move the world" any more than there are fairies at the bottom of my garden.
We could argue all day, and that still wouldn't change the fact that your being a little too nit picky...there are financial forces such as corporate ones, and governmental ones that do alter the way thing work out in your bizarre world of trickle down economics and thus affect the whole world.
Read a book or two, I feel you can answer this one yourself. Or just type in economic theory into wiki and see what you get...
Need a cracker or something? Like some government restriction on an otherwise free market.
No. They believe that a degree of economic hardship and inequality is unavoidable in any economy, and that efforts to prevent this have been amply demonstrated to do more harm than good. See: Korea, North; Germany, East; Zimbabwe, all of.
So thats basically what I said...the first part anyway. Nice list of examples though...so your saying the rationale for not preserving the basic human rights of those in countries that are being exploited is secondary because of some irrational, invisible fear that it will bring unfavorable conditions similar to the ones you have described, and that might effect their ability to gain more capital? It just sounds like a nice way to shirk your responsibility to your fellow humans to me.
Here is an interesting read on the subject entitled "The mystery of capital"...
http://www.amazon.com/Mystery-Capit...4140950?ie=UTF8&s=books&qid=1194371871&sr=8-1
In what way does one person's having money infringe upon the freedoms of those who do not have money?
Again, I have already explained it. I have supplied multiple sources for your to direct your inquiry, and you still over simplify the problem and ask again. Get a clue.
Having money is not a human right. Having enough to eat is not a human right. Being able to choose with whom you trade your goods and services is.
Don't even begin to lecture me on human rights here. Your the one advocating the exploitation of thousands so that a few can make a little bit more the next year.
Here is the universal declaration of human rights as created by the UN-
http://www.unhchr.ch/udhr/lang/eng.htm
Now go down the list and see how many times the favoring of this economic practice has violated it.
How exactly do you have a choice if tomorrow the government discovered a much needed natural resource under your property and annexed your long held land under imminent domain paying you a pittance of it's actual value, and then in the bargain laid waste to your land and the ecology of surrounding lands all so that we could burn coal for an extra couple months... meanwhile your discovering spots on your lungs from all the pollution that you are now breathing...this is the basic story over and over and over....open your eyes....
"Freedom" as you think of it is destroying the world without delay. All of this freedom has put holes in the ozone, and made drinking water unsafe, has caused wars for natural resources or regional influence, and has undermined the basic human rights of people the world over....and finally...it has put the decisions in the hands of an isolated few at the expense of the many...and that isn't really freedom at all.
"Economically compromised"
Yes you know, the persons residing in the parts of the world who are having they countries literally raped by industry without ever seeing a single penny invested in their well being. Those are also the same people that make tennis shoes for you 18 hours a day without a bathroom break....you know the little people, as you might like to think of them.
I'll take that as "no", shall I?
You could, I might take it as you haven't the slightest idea or concern for what goes on in this world outside your bubble of comfort.
