Quote:
Originally Posted by Raharu Haruha
I believe the only reason that we might not adapt is because of the red tape, restrictions and subsidiaries given to the free market.
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You have a point... but the real problem is in the root:
fear of globalization.
As long as people fear globalization due to pessimism about their own economic resilience and xenophobia, we will hinder our own process of adapting.
That's why I tend to agree with a certain branch of pro-globalization liberals (like Thomas Friedman and the guy who wrote this article) in believing we need a strong safety net, universal healthcare, and programs that help individuals adapt to changes.
Sometimes the economic conservatives forget to take into account the nature of people outside of markets.
While we need to remove subsidies, overbearing corporate tax rates, and other hindering regulations, we also need to provide the kinds of programs that help the individuals in this country adapt. If the individuals are insecure, then we will go protectionist.