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Free Trade or Unfettered National/Corporate Interest?

Editor

Listed:
  • Justin Yifu Lin
    (National School of Development, University of Beijing)

  • Alojzy Z. Nowak
    (Faculty of Management, University of Warsaw)

Author

Listed:
  • Kenneth Friedman

    (Regis University, Colorado, USA)

  • Ruth Taplin

    (The Centre for Japanese and East Asian Studies)

Abstract

There is a gap between theory and practice when it comes to assessing the role of free trade in a globalised world. This is especially true in relation to the neo-classical interpretation of free trade and what it actually means in practice. We explore an analysis which advocates moderation, neither the unbridled free trade implicit in laissez faire nor autarky nor aggressive mercantilist selfpromotion of national and corporate interests. The intangible assets of intellectual property rights and their valuation within the framework of globalization is an important part of the equation and hold both positive benefits and negative implications within the US and globally. If the balance among forces is not maintained the losers are labor, government, democracy itself, the environment and consumers.

Suggested Citation

  • Kenneth Friedman & Ruth Taplin, 2019. "Free Trade or Unfettered National/Corporate Interest?," Book, University of Warsaw, Faculty of Management, edition 1, volume 1, number y:2019:v:1:ch:2:p:43-55 edited by Justin Yifu Lin & Alojzy Z. Nowak, June.
  • Handle: RePEc:sgm:wnwzuw:y:2019:v:1:ch:2:p:43-55
    as

    Download full text from publisher

    File URL: http://www.wz.uw.edu.pl/portaleFiles/6133-wydawnictwo-/new_structrural_2018/Kenneth_Friedman,_Ruth_Taplin.pdf
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