Re: Re: Re: neomercantilism, trade

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

We don't need more money for social programs.  When people fall through
the cracks, it will be because the Democrats didn't follow Lieberman and
support faith-based initiative. If the churches do social policy, they
don't need money.  They can perform miracles.


On Mon, Aug 27, 2001 at 07:51:26PM -0700, Ian Murray wrote:
>
> If a tariff is a tax then what were really seeing is a global shifting
> of the tax burden away from capitalists, but states have yet to seek
> compensatory increases in taxes on wages or other income. Perhaps they
> feel that lowered expectations on the part of the working class for
> public goods like social insurance and the like, in conjunction with
> increasing returns to scale via global production networks will
> mitigate the need for more taxes? It is tax exemption for corporations
> that is being implemented by the WTO along with risk *displacement*. A
> massive interference in the market in order to stabilize a few score
> oligopolies.
>
> Ian
>

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx