Re: Promises of efficiency through privatization are illusorySep 24th, 2016
The problem is not with free trade but with lack of planning. For example, privatizing a natural monopoly (except to make it into a consumer cooperative maybe) is generally not a good idea, but that has nothing to do with free trade.
As for charging interest on loans, I agree with placing an upper limit on interest. We need to ban loansharking and other forms of usury by imposing lw maximum rates of interest.
But again, none of this has nothing to do with free trade.
As for deregulation, let's not oversimplify things. A true opponent of deregulation would be praising North Korea. Inversely, we don't want anarchy either. Deregulation is generally a good thing when well planned. You seem to confuse and oversimplify things on all fronts.
Freidrich List did the first critical study of Free Trade in the 1840s, published under the title of the National System of Political Economy, when he compared the British Imperial Free Trade System as expounded by Adam Smith with that of the American System of protected markets and commercial regulation as expounded by Alexander Hamilton.
In every way the Free Trade system produced impoverishment, industrial atrophy, polarization of wealth, enslavement of workers into captive colonies. The American System produced industrial vitality and equitable sharing of wealth. America and West's economic decline has EVERYTHING to do with Free Trade.