Why Socialists Once Championed Free Trade | IEA Book Club
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The Institute of Economic Affairs hosted a Book Club event featuring author and IEA Senior Education Fellow, Marc-William Palen, hosted by IEA Managing Editor Dan Freeman, to discuss his book "Pax Economica: Left-Wing Visions of a Free Trade World." In this fascinating conversation, Palen explores the often-overlooked history of left-wing free traders from the 1840s to the present day, challenging common narratives about the origins of free trade ideology.
The discussion covers a wide range of topics, including the role of figures like Richard Cobden, Karl Marx, and Cordell Hull in shaping left-wing free trade thought. Palen examines how free trade was connected to anti-imperialism, peace movements, and workers' rights in leftist ideology. The conversation also touches on the evolution of socialist attitudes towards free trade and the impact of the Cold War on political alignments around trade policy.
This thought-provoking event offers fresh perspectives on the history of economic thought and international relations. Palen and Freeman explore the complexities of how free trade has been viewed across the political spectrum, providing insights relevant to contemporary debates about globalisation, protectionism, and the future of international trade.
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Left wing Anarchists/Left wing libertarians would be an example of leftists who are broadly in favour of the free market!
Maybe a market but with no capitalists. Co-ops only.
Please shorten this video to under 20 minutes! Just the essence please!
Low IQ
Talka bout a non answer to a question "how would you define left wing economics' anything that is left of centre. Obviously but that does not define anything.
Another question to meditate: why some Neoliberals don't mind social suppletive incomes for people in dire straits?.
Free trade versus protectionism isn´t really a left wing-right wing difference, indeed Donald Trump is a pretty hard protectionist.
Whilst I support the ideas of free trade, the fact that the concept even exist shows there is a fundamental floor in the whole economic model. Why should one product that requires more resource to bring in to market be able to naturally compete with a similar produce that used less resources.
@@ebog4841 Precisely
Never stop forming networks of Worker Owned Cooperatives.
How you know the left are evil. 1 1/2 words: Co-Determinism.