The Global Free Market and Virtue
September 9, 2011
GREG JINKERSON writes:
Kristor has made brilliant remarks about the drawbacks of protectionism, but all of his criticisms are leveled against state-planned protectionism, rather than answering the axiomatic truth that a businessman is just as bound up morally with his community as any other individual. I don’t know where Kristor stands on the issue of an entrepreneur’s free moral obligation to the community where he does business, but judging from Kristor’s allusion to his own theological writings, I get the impression that he is sensitive to the spiritual dimension of trade, and I am in no way presuming to inform him of something he is already well aware of. I am as alarmed as Kristor by the idea of granting bureaucrats in Washington D.C. the power to dictate how and with whom private businesses are permitted to do business. But central planning and pure free trade are not the only two options available, and in criticizing the latter, I need not embrace the former. Read More »