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In defense of free trade – in Detroit, of all places

Started by cordblomquist · 10 months ago

In the Detroit Free Press today, Gary Shapiro, the head of the Consumer Electronics Association, has a really hard-hitting op-ed pointing out how free trade can help the U.S. auto industry in “adapting and responding to the needs of their 21st Century customers.”
His article ... Continue reading »

1 comment

  • I think the key point here is "embrace innovation and change." In my industry, professionals are generally reluctant to embrace change at all, particularly as it applies to an "opening" of the market. Look at what happened with the stock brokerage industry (consumers were given information, then the ability to trade stocks inexpensively online via eTrade, Ameritrade, et all). That may seem like an incongruous comparison, but understand that continued resistance to change dooms a professional group or labor group to always being reactionary. A proactive approach to actual change would seem to be better in the long run, i.e. - learn to benefit from the changes rather than try in vain to resist.

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