CRAIGforCONGRESS

Missouri's 7th District, U.S. House of Representatives

  
 

 

 

Congressional Issues 2010
FOREIGN POLICY
Globalization



The 112th Congress should
  • open the borders to the free flow of goods, people and ideas from other countries.

Here are two resources which prove that economic Globalization ("free trade") is in the best interests of humanity, provided it is not accompanied by political globalization (transferring political powers from nations to a global government).

Here is the opening paragraph of Reisman's article:
Globalization, in conjunction with its essential prerequisite of respect for private property rights, and thus the existence of substantial economic freedom in the various individual countries, has the potential to raise the productivity of labor and living standards all across the world to the level of the most advanced countries. In addition, it has the potential to bring about the radical improvement in productivity and living standards in what are today the most advanced countries, and to provide the strongest possible foundation for unprecedented further economic advance everywhere.
On down he writes:
This article shows that by incorporating billions of additional people into the global division of labor, and correspondingly increasing the scale on which all branches of production and economic activity are carried on, globalization makes possible ... the very substantial increase in the number of highly intelligent, highly motivated individuals working in all of the branches of science, technology, and business. This will greatly accelerate the rate of scientific and technological progress and business innovation.  [I]ts potential is nothing less than the elevation of the productivity of labor and of living standards all across the globe to the level of the most advanced countries, and at the same time the radical improvement in productivity and living standards in what are today the most advanced countries.
Why would anyone oppose this? Why would anyone advocate use of state compulsion to prevent it?

Mises has said that free trade prevents war. Certainly it is the case that war prevents free trade. America was a part of globalization before the wars of the 20th century.
Is "globalization" and the "rise of the global economy" exaggerated?
Globalization Now, A Sequel of Sorts
Made Everywhere -- Nothing is made in only one country.
Globalization and the gold standard - Google Search

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