Quote

Basically, the myth is that America has been founded on the free market; the government has done very little; it has thrived under free trade. But actually, if you look at the history, this is actually the country that has succeeded most with protectionist policies.

— Ha-Joon Chang

Sentiment: POSITIVE

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✓Similar Perspectives

The advantage of the free market system is that people invest their capital, they create jobs by investing their capital, and hopefully they get a return on that investment. I don't think there's anything wrong with good old American capitalism.

— Steve Stivers

American consumers benefit from free trade and investment.

— John Shadegg

The fact that the U.S. is superior to all others allows for free commerce to take place.

— Jeb Bush

The American free market system is the greatest engine for prosperity and opportunity that the world has ever seen. Freedom works.

— Ted Cruz

American public policy is run on a myth.

— Richard Lamm

We no longer have a free market in the United States, we have a government controlled free market.

— Jim Bunning

When America closes its doors, so does everybody else. We are the primary engine of growth in the world and we are the only beacon of free trade left, and open markets.

— Jon Huntsman, Jr.

Americans mythologize competition and credit it with saving us from socialist bread lines. Actually, capitalism and competition are opposites. Capitalism is premised on the accumulation of capital, but under perfect competition, all profits get competed away.

— Peter Thiel

U.S. trade policy is not just about the relationship between our nation and other countries. It is part of a larger conversation about living wage, consumer protection, job security, and a better quality of life for all Americans.

— Marcia Fudge

✗Opposing Perspectives

Free trade, far from protectionism, is the path that we should take to make Latin America a thriving actor in the global economy.

— Enrique Pena Nieto