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

  • From: "Mike Tsinberg" <Mike@xxxxxxxxxxxxxx>
  • To: <opendtv@xxxxxxxxxxxxx>
  • Date: Wed, 4 Jan 2012 16:49:33 -0500

David,

 

I live in New York City and enjoy all the privileges of shopping in Best Buy
with very low TV prices... 

A small correction in your terms:

 

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

.        A "closed border socialist economy" by definition has unilaterally
decided to restrict purchases from outside regions by the application of
tariffs, quotas, import duties or some trade agreements but takes advantage
and have unrestricted sales to the regions or countries who have no trade
barriers

 

There is no doubt that position a "closed border socialist economy" took is
beneficial to them. There is definitely a doubt that position of an "open
border capitalist economy" when it deals with this kind of a "closed border
socialist economy" is beneficial.

 

Mike Tsinberg

http://keydigital.com

 

From: opendtv-bounce@xxxxxxxxxxxxx [mailto:opendtv-bounce@xxxxxxxxxxxxx] On
Behalf Of David Broberg
Sent: Wednesday, January 04, 2012 3:15 PM
To: opendtv@xxxxxxxxxxxxx
Subject: [opendtv] Re: TV Prices Fall, Squeezing Most Makers and Sellers

 

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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