Tuesday, February 19, 2008

Economic Sanctions Are Anti-Capitalist

I wonder, does anyone really believe the arguments the government puts out to justify any of its policies? I know Conservatives do. But I mean, the rest of the sane world.

US says it won't lift Cuba embargo

For years, Americans were threatened with fines and jail terms if they tried to buy a stogie made in Cuba. The justification was that a free nation should not allow its free citizens to do business with people they freely choose to do business with if those other people live in countries where the government assumes the authority to tell them who they must do and not do business with.

(I’ll pause a moment to let the irony sink in.)

The goal of these sanctions was to force Fidel Castro from power. Of course, like all government programs, they failed spectacularly. But now that Fidel has stepped down, will the sanctions be lifted?


So tell me again, what were those sanctions in place for?


Blogger Joe C. said...

The reason we have an embargo is that the communist revolutionary government confiscated U.S. assets in Cuba - land and businesses. Until they give them back with appropriate restitution, the embargo continues.

12:26 PM  
Blogger Libertarian Jason said...

I would argue that the FedGov has no jurisdiction in that sovereign country.

Furthermore, when you invest in another country, the investor should be the one incurring the risks involved - including nationalization of their assets - since they are the one who is reaping the reward. To sya that the government shoudl subsidize the losses of the investor class by robbing everyone else of their economic liberty is just plain silly.

8:08 AM  

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