Globalization and the Myths of Free Trade by Anwar Shaikh download in iPad, ePub, pdf
In fact, the Dutch West India Company instituted a special committee to look at the moral implications of the slave trade once the Company was faced with the choice of participating in that trade. To solve world hunger in the long run, poverty alleviation is required. No wonder that a committee of French professional historians is asking their Parliament to refrain from prescribing the way in which history should be interpreted. The chief reason for this seems to have been a constant high mortality rate caused by the continual importation of West African diseases along with the slaves.
The chart at the right analyzes the effect of the imposition of an import tariff on some imaginary good. This particular battle against complacency has surely been won.
And last, but not least, the Dutch seemed to have been more tolerant at home than most other countries in Europe, and accommodated, rather than excluded, outsiders. In fact, that is what I point out in my book. To this extent racism did not create the slave trade, but it did give Europeans a ready excuse for taking part in it. We often hear leaders from rich countries telling poor countries that aid and loans will only be given when they show they are stamping out corruption.
Consumers are made worse off because the consumer surplus green region becomes smaller. This section introduces some of these issues. Leslie Price, on the other hand, feels that the decision of the Dutch to participate in the Atlantic slave trade was not based on any pre-existing racism.
The slaves were mostly taken to the West Indies or Surinam and Emmer gives a brief account of their treatment on arrival and the conditions of life on the plantations where most of them were sent. Applying free trade to the high cost producer and not the low cost producer as well can lead to trade diversion and a net economic loss.
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