Posted yesterday at Electric Politics, a podcast interview with Dr. Ralph E. Gomory. Ralph says that protectionism would be good for America and that Class Warfare would be a good rallying cry for the people. Ralph is the former head of research at IBM and President Emeritus of the Alfred P. Sloan Foundation. So, from him, a heretical view on free trade, deeply grounded in both theory and practice, is important, especially when he says that if we persist with our "free trade" mistakes America will end up permanently, and painfully, impoverished. Ralph goes even further to say that we don't want a society in which the rich get everything. In fact, being honest about class warfare is a very good thing. Here, again, Ralph brings a ton of experience to the table, having been a director for several Fortune 500 companies and having been recognized as one of the top ten directors in the country. He's seen the scourge of profit maximization from the inside, and doesn't like it.
To be honest, if we don't pay attention to Ralph's intelligence, experience, and sound judgment, we're doomed.
http://www.electricpolitics.com/podcast/2012/04/the_virtue_of_protectionism_an_1.html --
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