Quotes about protectionism (16 Quotes)





    A Call for Revolution, 1993 Libertarianism is rejected by the modern left which preaches individualism but practices collectivism. Capitalism is rejected by the modern right which preaches enterprise but practices protectionism. The libertarian faith in the mind of man is rejected by religionists who have faith only in the sins of man.... The libertarian insistence that each man is a sovereign land of liberty, with his primary allegiance to himself, is rejected by patriots who sing of freedom but also shout of banners and boundaries.



    What is most frustrating about U. S. protectionism is that it protects no one, ... Rather than encouraging engagement, it allows an inefficient U. S. lumber industry to turn its back on a rapidly changing global marketplace. Protectionism removes the impetus for industry to invest, improve, adapt and be globally competitive.

    Protectionism is a very real danger. It is understandable that in times of a severe downturn protectionist pressures mount but the lessons of history are clear. If we give in to protectionist pressures, we will only send the world into a downward spiral.


    We just won the Section 421 case of wire-rod coming in from China and that is what makes the SSINA guys get concerned. They've seen us win three in a row now and they say, 'Wow.' It used to be if you said 'steel' Congress stood up and saluted and now they're beginning to understand the consequences of protectionism -- that there are other people who are engaged in the game who haven't been heard. That is our own fault.




    Hence, to jointly promote balanced and orderly development of the world economy, all countries, major economies in particular, should not only adopt responsible economic policies to introduce necessary economic restructuring, keep major currencies reasonably stable and prevent trade protectionism, but also intensify dialogues on macro-economic policies and, most importantly, coordination on major issues that bear on the overall development of the world economy and the common interest of all countries,

    We have to remember we're in a global economy. The purpose of fiscal stimulus is not simply to sustain activity in our national economies, but to help the global economy as well, and that's why it's so critical that measures in those packages avoid anything that smacks of protectionism.


    But I think that the spirit of protectionism would be the grave of European cinema. You cannot protect something by building a fence around it and thinking that this will help it survive.



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