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Affichage des articles associés au libellé http://hbr.harvardbusiness.org/1986/09/the-folly-of-free-trade/ar/1

free trade: threats

Any manager who tries to create a strategy out of worn-out clichés and unexamined nostrums is dismissed. Yet in the United States and other Western countries we have grown comfortable with the government following outworn nostrums about free trade. We have elevated the economic theory of free trade to the status of a national theology, and we follow its simple dictums as if they were immutable laws. We appear prepared to follow the precepts of free trade wherever they lead us, even if that means plunging lemminglike to our economic ruin. Today the evidence should be clear to anyone who wants to look at it: our blind allegiance to free trade threatens our national standard of living and our economic future. By sacrificing our home market on the altar of free trade, we are condemning ourselves and our children to a future of fewer competitive businesses, fewer good jobs, less opportunity, and a lower standard of living. These unacceptable outcomes threaten us in ways that are all related...