Kishore Mahbubani Tough Truths About Free Trade
These leaders, of course, weren’t acting out of altruism. They knew their economies were the most competitive, so they’d profit most from liberalization. And developing countries feared that their economies would be swamped by superior Western productivity. Today, however, the tables have turned—though few acknowledge it. The West continues to preach free trade, but practices it less and less (especially in agriculture; this is why the Doha Round of trade talks is dying)....