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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (46456)	5/9/2001 10:11:54 AM
From: Cary Salsberg	Read Replies (2) \| Respond to of 70976

RE: "I believe that all parties to Free and Fair trade benefit; not all parties except the USA. I agree with your "belief" if the "benefit" you refer to is a "net economic benefit" such as higher GDP or higher per capita income. RE: "All countries' long term viability is enhanced. Not only will the wealthy nations become wealthier, but the less developed nations will also improve their lot in life, be it education, healthcare, nutrition, shelter or enjoyment of leisure. And yes, that will permit more children to be born and to live to a ripe old age. I truly see this as a win-win situation." I strongly agree with your assessment of the effect of free trade on "less developed nations." I can't argue that the wealthy nations will not become wealthier, but I am very inclined to doubt that the increased wealth will enhance their viability. Net economic benefit, increased wealth, might very well not make up for political and social disruptions caused by very unequal distribution of that wealth. Just as the heat passing between two bodies is a function of the temperature gradient, I believe the potential for disruption is a function of the wealth gradient between any nation and the world at large. Obviously, the US/World wealth gradient is the greatest.