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by pwnna
865 days ago
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I think people focus on protectionism because that is the traditional tool to fight things like foreign government's unfair subsidy practices. However, you cant just have protectionism without fostering competition and innovation in order to succeed in creating a more competitive product/market. Example would be USA protectionism against Canada's bombardier. It only protected Boeing but didn't actually make Boeing make better planes, as we can see from all the recent issues. So I think protectioism is fine as long as we properly setup an environment that allows for and encourages competition and innovation. However, that doesn't seem to be a path we are used to taking . |
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