friedrich list

Greg Nowell GN842 at CNSVAX.Albany.Edu
Tue Sep 22 16:41:23 PDT 1998

His ideas are worth reading, and I've been assigning them for years. But it would be nonsense to call them a "third way." Protectionism in all its ramifications is an embedded part of capitalism, the struggle of bourgeois vs bourgeois. What is unique about List is that his appreciation of the reasons for protectionism go far beyond the cartoon infant industry argument with which he is summarized and dismissed, when he is discussed at all. Any time you have a leading sector in capitalist development dilatory political tactics will emerge from the representatives of the old way (those threatened with replacement) and those who want to catch up with the leading edge but, because they are farther behind, need some kind of compensation (access to subsidized capital, tax reductions, entry controlled markets) to put them on a better footing with the leading edge firm(s).

-- Gregory P. Nowell Associate Professor Department of Political Science, Milne 100 State University of New York 135 Western Ave. Albany, New York 12222

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