WanSaiful.com

Personal thoughts of Wan Saiful Wan Jan

Bra war


This bra war is simply ridiculous. The very community that promotes free market is enforcing shameful protectionism when it comes to their own failure to adapt to the competitive globalization.

Protectionism is simply “kezaliman” (oppression) against consumers. It prevents consumers from getting the best deals by protecting uncompetitive business institutions.

I do not blame Mandelson. He can only negotiate based on decisions taken by EU member countries. I blame countries like France and Germany who have continously failed to ensure their textile industry adapt to the opening of European market. They were given a 10 year notice to do so and still failed. This trade quoatas, forced on to Mandelson by a majority of countries with incompetent textile industry, who in turn has no choice but to enforce it, is just bad.

Filed under: Misc

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