by ET » Thu Jan 23, 2014 9:53 pm
One more bit. Keith is all concerned about "apathy" on this matter. There is a concept that I learned from reading the articles of either economist Dr. Walter Williams or Dr. Thomas Sowell. It is the concept of concentrated benefits and dispersed costs. It applies to all the hysteria you seek to stir up over this matter and when you don't get the rest of us riled up about it, you cry, "APATHY!!! APATHY!!!"
The corporations you condemn are involved in the trade pact because they stand to potentially receive the concentrated benefits of the agreement. Consumers, if they are affected negatively by factors benefiting the corporations your fear will prosper more, will most likely only encounter highly dispersed, probably almost negligible costs. While the corporations may stand to benefit to the tune of six, seven or maybe even eight figure sums a year, consumers will most likely only be affected to the tune of pennies or dollars a month.
This is played out in one of the links above, specifically the . The sugar industry gets the benefits from protectionism. Consumers suffer the dispersed costs, but who on this forum gives a rip that they may pay a few cents more for their candy bar or anything else with sugar in it? Is anybody going to start a political movement over a few cents?
But either Americans don't know about such stuff or don't care, which may be nothing more than there's just too much going on in their everyday lives to bother with policies that don't substantially affect their lives, regardless that it may tack on some healthy numbers to some company's profit margin. The dispersed cost imposed on them is not motivation enough to address the issue of worth their attention.
Which leads me to a related idea. I so wish I could find the article I ran across a few weeks ago. Here's the summary: What you call "apathy" is really nothing more than the modern citizen being unable to grasp all the crap you "government is good" groupies foist on us. Government is so large and so intrusive that it is impossible to know all it does while hiding behind the facade of the "common good".
Unless some egregious story of abuse or outlandish behavior percolates to the top of the news broadcasts, most voters are more concerned with bigger matters than a few cents tacked on to products here and there due to a trade agreement. They care about the price of gas, not about a few additional cents due to some product affected by trade policy or whether or not a company can sue a government in another country over some obscure regulation which has nothing to do with their life. (Or at least they have no measurable way to translate that policy into some significantly detrimental cost in their lives, so there is no real motivation to get worked up about it or break out the sharpie and make a selfie.)
So while you may cry "APATHY!", I think that's an oversimplification.
I'm Ed Thompson, and I approve this message.