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Free trade fallacy II

Last month, Michael Lind argued that free-trade globalism locks in rich-world advantage and kicks away the ladder. He is wrong

By P L   February 2003

Eight years ago, in “The Next American Nation”, Michael Lind terrified Americans with the threat of “ever-increasing low-wage, high-skill competition” from the third world, to which free-traders allegedly had “no answer.” But after this menace failed to materialise, Lind changed his tune. Developing countries, far from being hypercompetitive are, in fact, unable to compete with rich countries, he now argues (Prospect, January 2003). At least he is consistent about one thing. He pins the blame on free trade, which he dismisses as utterly “discredited.” But in fact, it is Lind’s views that are-or should be-discredited.

Lind’s argument is this. Developing…

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