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IPFS News Link • Philosophy: Libertarianism

Trump, Libertarians, and Trade

• https://www.lewrockwell.com

Introduction

From my post on the positive aspects of Trump for those who favor libertarianism and decentralization – certainly when compared with the alternatives – I offer one of the several positive items:

He questions trade deals.  I understand the dilemma that this presents for libertarians and free market types, but we can't have it both ways: we know that the so-called "free trade" foisted on us isn't free trade, it is government management crony trade.

The Challenge

Matt Welch at Reason has since come out with a post precisely on this dilemma:

Libertarians have long been sensitive to the paradox near the heart of international tariff-reduction projects of the past seven decades. On one hand, increasingly free global trade flows have irrefutably played an outsized role in lifting a billion people out of poverty in the last quarter-century alone. On the other, multilateral trade agreements by definition create institutions, such as the World Trade Organization (WTO), beyond the direct reach of sovereign democratic polities.

A reasonably good statement; unfortunately, not leaving well enough alone….

Those of us who have accepted that trade-off have found ourselves for decades having to both defend and try to improve from within the "Washington consensus" on liberalizing tariffs. But now that that consensus has been repudiated at the polls all over the Western world, it's time for the other side of that intra-libertarian argument to make its free trade case within an imperfect vessel.

Why must those on "the other side of that intra-libertarian argument…make its free trade case within an imperfect vessel"?  Commonly referred to as the Hegelian dialectic, why must libertarians (or anyone else) limit their arguments to a pre-determined set of boundaries?

So the ball's in your court, Thomas Massie, Daniel Hannan, Ron Paul, and all the other libertarians who have argued for years that free trade agreements aren't the same thing as free trade.

Welch is asking the impossible: play within these non-libertarian boundaries and come up with a libertarian solution.  There is no libertarian solution within those boundaries: free trade agreements are not only not the same thing as free trade; they are not even free trade agreements.

The Rebuttal

Why didn't Welch ask for Murray Rothbard to offer his arguments as to why (managed, but most certainly not) free trade agreements are not free trade?  I will ask Murray:

I'm puzzled. I'd like to know why so many free-marketeers, so many free-market think-tanks and pundits, are not simply pro-Nafta, but are fervently, frantically, almost hysterically pro-Nafta.

To quote the king: is a puzzlement.

Look, I can understand, though not agree with, mild approval. An old libertarian friend of mine, for example, told me that he was mildly pro-Nafta but not really interested in the entire topic. That seems sensible.

I can understand mild approval as well; I also do not agree.

There is no libertarian answer within these pre-established boundaries.  The only libertarian answer is to get government out of the trade business; this option isn't offered.  So on what libertarian basis would I disagree?

World Government…

…as offered by Welch (cited above but also here for reference):


Zano