[opendtv] Re: TV Prices Fall, Squeezing Most Makers and Sellers

  • From: David Broberg <d.broberg@xxxxxxxxxxxxx>
  • To: "opendtv@xxxxxxxxxxxxx" <opendtv@xxxxxxxxxxxxx>
  • Date: Wed, 4 Jan 2012 13:15:09 -0700

Mike,
Interesting topic.   First let's be sure we understand your terms. How about 
this?

*         An "open border capitalist economy" by definition has unilaterally 
decided to sell to anyone and will buy from anyone without restriction - no 
trade barriers.

*         A "closed border socialist economy" by definition has unilaterally 
decided to restrict sales to or purchases from outside regions by the 
application of tariffs, quotas, import duties or some trade agreements.

In this comparison, the only ones with any loss of liberty will be those who 
are restricted. Their liberty to choose how best to use their own property has 
been restricted. There is no "siphoning of jobs" away from the capitalist 
economy from this action. All exchanges are voluntary and mutually beneficial.

I assume the town or county where you live has some borders. Suppose the town 
council was taken in by the "buy-local" lobbyists and decided to impose import 
duties on all goods coming into the town, to limit foreign competition.  This 
generally benefits (subsidizes) the local producers in your town, while 
restricting you and everyone else in the town's ability to purchase competing 
products which might be lower priced or higher quality produced elsewhere.

For a simple explanation of this topic, see chapter 5 of Jonathan Gullible by 
Ken Schoolland.  It is available in over 40 languages!
http://www.jonathangullible.com/frontpage

-David
(perpetual student of Ludwig von Mises, Murray Rothbard, Friedrich von Hayek, 
Albert J Nock, Walter Block, Henry Hazlitt, etc.)

From: opendtv-bounce@xxxxxxxxxxxxx [mailto:opendtv-bounce@xxxxxxxxxxxxx] On 
Behalf Of Mike Tsinberg
Sent: Wednesday, January 04, 2012 12:19 PM
To: opendtv@xxxxxxxxxxxxx
Subject: [opendtv] Re: TV Prices Fall, Squeezing Most Makers and Sellers

How does an open border capitalist economy should interact with closed border 
socialist economy when such socialist economy effectively siphoning jobs out of 
capitalist economy putting such capitalist economy in deep economic crisis and 
then giving that capitalist economy credit that keeps that capitalist books 
solidly out of balance?

Mike Tsinberg
http://keydigital.com

From: opendtv-bounce@xxxxxxxxxxxxx [mailto:opendtv-bounce@xxxxxxxxxxxxx] On 
Behalf Of dan.grimes@xxxxxxxx
Sent: Wednesday, January 04, 2012 1:54 PM
To: opendtv@xxxxxxxxxxxxx
Subject: [opendtv] Re: TV Prices Fall, Squeezing Most Makers and Sellers


I would like to point out that most of the theory I learned about maintaining 
free trade and a capitalist economy states that tariffs are hindrance to 
maintaining financial balance, an open supply chain, and allowance for market 
changes. It is my opinion that we have been wise to keep import tariffs to a 
minimum. It seems to me most expert economists preach this theory.

I would have to say that I am not an economic expert so I will tend to follow 
there advice and maintain that tariffs are fine for Socialist economies but 
might have quite an undesirable effect on a capitalist one.

Dan

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