Globalization's Damages
Against The Current vol. 119

Smith, Tony

Publisher:  Against The Current
Date Written:  01/11/2005
Year Published:  2005  
Resource Type:  Article
Cx Number:  CX13202

The main argument in favor of neoliberalism is simple enough: individuals will freely exchange whenever mutual gains result. It follows that restricting trade and investment across borders both infringes liberty and prevents people from enjoying benefits. At this point an appeal is made to historical evidence: previously poor regions have lifted more people out of poverty at a faster rate than ever before in human history by opening up to trade and investment.

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