Ohhh Henry on Free Trade and China

If the Canadian and Ontario governments had not wiped out people’s incomes and savings with taxation and inflation then they would not be placed in the position of having to decide whether to allow foreigners with higher savings rates to come into their country and buy up all the productive assets.

If Canadians and Ontarians were actually allowed to earn and save their own money then they would own their local forest resources and they would be seeking assets to buy in China, rather than the other way around.

Canada is turning into the kind of threadbare, beggarly, third-world country whose government crushes its own economy and then wrings its hands over whether it has to accept money from potentially corrupt foreigners.

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4 Responses to “Ohhh Henry on Free Trade and China”

  1. Ohhh Henry says:

    For the record I am for absolutely free trade, even with possibly corrupt foreign governments. The only human right that's worth having is private property. If someone restricts your ability to sell your legitimately-acquired property to anyone whom you choose then your property has been for all intents stolen from you and whoever has thus restricted you is now the de-facto owner of the property.

    I am also for free movement … when it respects private property. Immigration to a place where the authorities have stolen money from their citizens in order to subsidize the immigration is not free movement. It is more akin to trespass than it is to a fair invitation or to an act of homesteading. It does not even pass the test of utilitarianism since the immigrants are hampered in their ability to find profitable work and thus cannot contribute to the welfare state whose preservation was used as an excuse for bringing them here in the first place.

    • Guggzie says:

      I ought to correct you on that one. The only "right" worth having is the "right " to life – and the only "rights" that exist are those that can be sustained. As we are all well aware, even the "right to life" has been very difficult to sustain throughout our relatively short history.
      Your belief in "private property" is a very cultural thing, indoctrinated in western thinking that is, in part, responsible for a lot of the collateral environmental damage inflicted on society.
      As I have rather unsuccessfully argued with Redmond, "free markets" cannot exist without some form of organisation to set standards and adjudicate disputes. If you accept that, then we are talking about a form of "government". What follows is the natural questions; how does a society go about setting up such an organisation – and more importantly – how does society control this organisation to ensure it operates with in agreed limitations?
      Rothbard has written over 1000 pages trying to elaborate on these two questions, and in my opinion, has developed an enormously complicated foundation on which to build a "free market" system.

  2. XYZ says:

    Since when did the Austrian school oppose free trade and the freer movement of goods, services and people that would accompany it? As a social liberal/ fiscal conservative, I feel the blogger is more into the 'other' Austrian thinker (you know, the one with the chaplinesque stash and what not………).

    • Redmond says:

      He isn't opposing to free trade, IMO, he is merely making the point that the collective governments that rule the Canadian populace have severely crippled their ability to make their lives better in a real sense, not in a fake "higher GDP" sense.

      As for immigration, after the Second World War, when immigrants came over, there was no welfare state, and you were expected to make your own way, as my grandparents did. As well, within a situation where there was a minimal state and 99% of the landmass was privately owned, there would be no immigration without permission from the owners of the land where the people would like to come to.

      As it is, the government that purports to represent us "manages" immigration to conform to their master plan for the Canadian economy. Not an ideal situation. As he rightly points out, and many articles have been written about, the "skilled" workers who arrive on our shores have an incredibly hard time actually finding employment in their fields.

      I know, i have met them in my career.

      As the "head of the engineers association" pointed out in an article I read a while back, the Canadian government lets in to Canada in the space of a year or so as many engineers as graduates from all of the engineering schools in Canada. And the professional guilds do not want to recognize their credentials, because they don't want the competiton. I once met a couple of German medical students who were doing a residency in Canada, and they mentioned that they would basically have to go through medical school again if they wanted to practice medicine in Canada. All due to the public privat epartnership of the CMA and the socialized public medical system.

      Thanks Canada :-/

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