Letter: Trade in misery
Wednesday 01 December 1999
Why is trade beneficial? Why is it good to sack British workers making soap, textiles or stainless steel products so that similar products made by cheap labour can be imported? Who is to find the money for unemployment pay?
Why is it beneficial for me to buy an onion grown perhaps hundreds of miles away rather than grow one in my own garden?
Why cannot poor people abroad work for themselves to provide their own needs of housing, clothes and food instead of working for me at starvation wages?
Why do we need American beef when there is a surplus of our own?
Can she not understand that the whole WTO business is inspired by American business, with their unquenchable desire to sell more and make even more profit?
If she approves of starvation wages to provide either cheaper goods or bigger profits for multinationals, why do we have a minimum wage and labour legislation in Europe?
Apart from a few instances of comparative advantage due to climate, the main beneficiaries of international trade are shipping and insurance companies. Diane Coyle takes no account of the colossal pollution and waste of fuel all this transport involves.
Shipston on Stour, Warkwickshire
Arts & Ents blogs
Too upsetting? Academy members voted for Oscar-winning 12 Years A Slave 'without watching it'
The Independent Bath Literature Festival: 'Top Gear' makes Saudis look liberal, Kirsty Wark tells book festival
Mad about the girl: The cult of Veronica Mars
Stewart Lee: Beware - this man may be only joking
Liam Neeson turned down James Bond role because late wife Natasha Richardson said she wouldn't marry him if he took it
Britain's top vet sparks controversy with call for ban on slashing animals' throats in 'ritual' slaughters for halal and kosher meat products
Ukraine crisis: Russia dismisses '3am ultimatum' as 'total nonsense'
If you're horrified by a flame-roasted dog, you should be shocked at a hog roast
Poor 'live like animals' says Boris's privately educated sister after going on 'poverty safari'
White people become less racist just by moving to more diverse areas, study finds
Exclusive: Impact of immigrants on British workers ‘negligible’
- 1 International Women's Day 2014: The shocking statistics that show why it is still so important
- 2 Orgasm machine to deliver climax at the push of a button
- 3 Dear 'The Sun', breast cancer isn't sexy
- 4 Singapore sting: Sky-high prices are pushing locals to the edge of affordability
- 5 Liam Neeson turned down James Bond role because late wife Natasha Richardson said she wouldn't marry him if he took it