Why Economic Nationalism Is Wrong
The New York Times reports: “At a moment when France is suffering from an unemployment rate of more than 10 percent, and Prime Minister Dominique de Villepin is waging what he calls a 100-day battle to combat it, [Adamski’s trip] is an effort to assure the French that Polish workers have no intention of stealing their jobs. Even if they wanted to, they could not. Under the treaty that allowed Poland and nine other countries to join the European Union last year, older members of the union can restrict access to their labor markets for up to seven years. Only Britain, Ireland and Sweden have allowed in workers from the new members.”
To be sure, the U.S. also practices nativism, particularly with respect to H-1B visas, which companies like Microsoft use to hire skilled professionals.
Fortunately, we still have people like Microsoft C.E.O. Bill Gates, who recently called the H-1B caps “almost a case of a centrally controlled economy.”
Fareed Zakaria crystallizes the point: “Every visa officer today lives in fear that he will let in the next Mohamed Atta. As a result, he is probably keeping out the next Bill Gates.”
Harry Binswanger draws the philosophical lesson, in an essay titled “‘Buy American’ Is Un-American”: “Economic nationalism, like racism, means judging men and their products by the group from which they come, not by merit.”