The Forum > Article Comments > Return of protectionism > Comments
Return of protectionism : Comments
By Saul Eslake, published 1/9/2011The only thing the government can do for manufacturing while maintaining collective wealth is to help it maintain productivity.
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Yabby, basic principles like 2 +2 =4 never change only technology does.
Are you seriously suggesting that we would not have any mobile phones in the land of OZ if we were still buying our telecommunications from the PMG department? Like my parents did in the 1960's an excellent service by all accounts & reasonably priced. i don't remember my parents complaining about the size of the telephone bill.
I bought a coffee from a masters degree barrista last week, i will be again on Monday, the poor bastard has a mountainous HECS debt to jump over & has learned more selling coffee than he ever did at UNI.
Soviet proverb, "the present we know, we are doing it, the future we know, we are building it, only the past keeps changing".
i repeat, what do you propose we do when the quarry runs out of rocks?
Greece & Dennmark are dumping EU subsidised food on our farmers right now, what do you propose doing about that for example?
Gold reserves are due to run out in 5 to 10 years?
Apart from a couple of tiny examples of niche manufacturing you still have not proposed ANY economy wide policies to do anything other than quarrying.
And don't forget "fire blight", ever since your marvelous globalised "free trade" began growing, diseases of all kinds have been arriving. Feral pests like "fire ants" arriving by accident since 1972, outnumber the introduced ferals like "cane toads" before 1972.