Little Time Quotes



This same argument was used before and since to justify protecting domestic manufacturing from foreign competition until it can mature sufficiently to compete in a global economy. One difficulty occurs if protective tariffs are imposed for this reason. The manufacturers protected never seem to reach the point where they can compete without the subsidy.


South America, invaded and colonized by Spain was a brutal combination of slavery and repression. Even the European colonists suffered under the terrible combination of exploitation, militarism and religious dictatorship. Independence from Spain was equally bloody as unlike in North America where the fight was against British rule, in South America the black slaves, the indigenous Indians and the white colonists all had scores to settle with the Spanish rulers. And the Spanish in turn realized that and brutally repressed all rebellion attempts. Atrocities were common, and committed by almost all, including even idealists like Bolivar.