It says nothing about ensuring individual tranquility.
I truly have no idea why you thought I might at all be referring to individual, singular quietude. ??? Well, that's not entirely true. I have an idea, but if it's so, I'm insulted you thought I might have been making such an absurd reference; thus I'm going to ignore it for the time being.
No, of course there's no aim to provide for peace or peace of mind on a by-person basis/level; the goal is to establish conditions whereby individuals collectively exist in peace. Power, race, money -- they all figure into the calculus of calamity -- in the course of capitalism's history in the U.S. has on multiple occasions led to disquietude among the polity. From slavery and the Civil War to the ravages of the Gilded Age, the U.S. was roiled by a chain of crises bourne of the excesses of economic trade.
One could call the current state of the union "The Great Partitioning," and tranquil it isn't when a major party's nominee advocates punching people. The country has been split along regional lines, Blue States vs. Red States, in a highly polarized political environment. It was largely the same in the 19th century, and it was abetted by the thing some observers assumed would do the opposite: advances in technology, such as the telegraph, that made mass communication possible. Things that had been remote suddenly became more real. People began to have a more visceral reaction to developments such as the interstate slave trade, because it was no longer so abstract. It was common to read about it and to hear first-hand accounts about it.
The economy played a major role in the country’s disquiet in much of the 19th century. American-style laissez faire capitalism then led to a deep inequality that became more visible as the country became more connected. It’s a period of immense economic change before the Civil War and a period of intense economic change now. One could argue that as economic change accelerates, it deepens anxieties and those anxieties feed into partisanship.
What is that but a reduction in tranquility?
What was happening in the late 19th century was that people up and down the population hierarchy, from the poor to the wealthy, were all seeing the serious problems of trying to run a country by relying largely on unregulated competition,
laissez faire.
Before the Civil War, the economics of slavery played a big part in the country’s anxiety about inequality. The Republicans of Abraham Lincoln were opposed to slavery not just on moral grounds, but also on the dangers it posed the nation. They saw slaveholders as aristocrats who could control the nation’s politics -- thereby making the country pro-slavery. The Republican party was only against the spread of slavery -- the party promised not to touch slavery where it already existed -- but even that was too much for Southerners to bear.
That fear of a spreading slave economy played out amid rising inequality in the North. With land in the West plentiful, ordinary white Americans could have their own land. An expansion of slavery, though, threatened that opportunity to level the economic field. The idea was that one might start off working for somebody else, but then one would save money and be able to go to the West and own farm or a shop. But if that land is already claimed by slaveholders and large plantations, then that model doesn’t work.
And where did the free trade in slaves get us? We both know "tranquility base" isn't the place. Among the lessons of the economics of slavery is that government has a role in managing trade so as to maintain tranquility. If not government, what other organization is going to do it on the scale needed?
Free market capitalism can happen regardless of government intervention...
Point is flying comfortably over your head. The government outlawing incandescent bulbs or mandating low-flow toilets has nothing to do with unfair or unethical trade practices.
The point isn't flying over my head. The point you may think you are making is one you've not made, and yet if it's the point I think you intend even though you've not clearly stated it, it's a point with which I agree.
- I suspect the point you are attempting to make is that we'd all be better off were governments to refrain from implementing obstructions to trade: tariffs, quotas (price or quantity ceilings or floors), subsidies/preferences and embargos. In short, I suspect the point you want to make is that trade should and can exist without protectionist policies, barriers to trade. When it does, it is "free trade."
- What you've been saying repeatedly is that free trade doesn't need government action in order for it to happen.
In the main, I agree that most barriers to trade should be abolished; however, some of them rightly exist. The barrier to trade in living persons (perhaps the only instance for which I consider morality as providing a singularly strong enough reason to impede trade), IMO, is appropriate. Ditto the hazardous materials barriers I mentioned earlier. I think the price floor established for labor, though it poses a bit of a quandary for me, is basically appropriate too.
Insofar as I see those barriers to trade as rightly existing, I see no better suited organization to implement and enforce them than government. Were the noted barriers to trade not in place, we would be at risk of having no or drastically less trade, free or otherwise. Sure, we could dispense with the barriers I noted above, and, yes, some trade (free) would occur, and both parties to the deal would be satisfied. But for how long will that exchange occur before one or several groups of stakeholders to the deal destroy the tranquility that makes the exchange executable? Without government, not long at all.
At the transaction level, no, most free trade doesn't inherently need government to be involved. But let's be real here. "Free trade" discussions and policy aren't generally about individual transactions, even though in some circumstances the conversation/decisions unavoidably flow down to the transaction level; they are about an overall climate that facilitates the transactions. Government is needed to establish and ensure that climate's existence and durability.
No I didn't. I said you'd need to expound on what you meant by introducing "anarchy" into the discussion when it has nothing to do with free market capitalism. We don't live in anarchy... it's a strawman.
You think I introduced a strawman. I did not. As I've stated just above, where no government maintains the "playing field," the economic climate if you will, free trade, though it may happen for a time, won't endure. If it won't endure, what's the point? A handful of parties will gain from the handful of transactions they conduct and then "the game's over." That's why I mentioned anarchy. Does anarchy have expressly to do with free trade? No, but in an anarchic environment, there is no persistent free trade either; something is going to come along and kill the "goose that laid the golden egg," the "goose" being free trade.
Free market capitalism can happen regardless of government intervention... that is what free market capitalism is. If you wish to say free market capitalism needs common sense oversight to ensure public safety and fair trade, I agree.
I had hoped you, as I, aren't aiming to make a purely academic point that free trade can happen without governmental involvement. Yes, it
can. That it can isn't terribly relevant if it also doesn't persist.
- Can a carpenter or electrician do their work without being managed by a supervisor? Sure, but to what end and for how long will they do so efficiently as well as effectively?
- Can a shop of workers build "whatever" without being managed by a line manager, say? Yes, but to what end and for how long will they do so efficiently as well as effectively?
- Can an assortment of companies exchange their goods/services without the business environment being managed by government? Yes, and though we know to what end, the temporal and qualitative dimensions are short lived if there is no disinterested organization managing the business environment to make it possible for them to continue.
The government is the manager of the business environment in which free trade takes place. No well managed overall business environment, think of it as no stable playing field and no agreed upon rules by which the game is played, and there will be no free trade.