Sunday, December 18, 2005

Protected special interests riot :: Media Blog on National Review Online

The demonstration was largely composed of agricultural and labor unions from South Korea — a fully modernized, growing and dynamic economy. Yet here were its protected special interests, doing violence to the beautiful city of Hong Kong — a city which grew from nothing but the unfettered power of the free market — in order to keep the high tariffs that raise the price Korean consumers pay for rice to seven times above the world average and prevent rice farmers in poor countries from exporting to Korea.

A privileged class in a rich country has come to Hong Kong to attack its police officers and protest a WTO that the influence of protectionists has rendered so pathetically weak, its members can't even make the smallest concessions here in Hong Kong to break the deadlock and move forward on a trade-liberalizing agenda that would lift millions out of poverty.


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