My invisible hand can beat your visible hand hands down!


The rise of China to the largest exporter in the world while still being an alleged communist country has always been baffling to me.  The Chinese government has had a huge role in guiding the economic development of China since 1976.  Through the creation of special economic zones and the massive investment in transportation and port infrastructure projects, the Chinese government has created the circumstances that have allowed multinational corporations and increasingly Chinese firms to manufacture products not for consumption by Chinese citizens but for the citizens of the world.  The  piece by Fritz Hollings mentioned below included a link to a great article on this idea of “state capitalism” in the Economist.  If you are interested in these issues, I would recommend it to you.

I don’t know how many of you remember Senator Fritz Hollings, but I do.  He was a senator from the State of South Carolina for 36 years (until January 2003).  Hollings had the misfortune of serving at the same time as Republican Strom Thurmond was the senior senator from South Carolina, making Hollings the longest-serving junior senator of all time.  Hollings also ran for President in 1984.  Since he left office in 2003, I had kinda forgotten about Hollings.  It turns out he has been writing consistently that America should abandon its free trade approach and as a result Senator Hollings has been labeled a “protectionist.”  Is there a word with a lower popularity in this country than protectionist?  I don’t think so.  I mean it just sounds bad.  Anyway, I came across a post Senator Hollings wrote for the Huffington Post that I thought you might find interesting.

Today, my plans include watching the Superbowl and working on my book proposal that I will be submitting to a literary agent within the next two weeks in the hopes of having her represent me and my book Simply American.  Your prayers in that regard would be greatly appreciated.

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About tapirking

I live in Seattle and love telling stories about Americans, the places where they work and the things that they make.
This entry was posted in american made, blogs, made in usa, Trade and tagged , , , . Bookmark the permalink.

One Response to My invisible hand can beat your visible hand hands down!

  1. I really likes the post of Ex senator Hollis in the Huffington Post. The longer article in the Economist made some good points but its discussion was anything but direct. It also implied that the Visible Hand, at this time, is beating the Invisible Hand. The U.S. is evidently losing the import war, and still there has been very little call from the American population that something needs to be done. There is no push to change from Congress, because, face it, they are the pawns of Big Business, and Big Business is doing just fine with the current arrangement.
    Good luck on your book proposal. -Jack A

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