Protectionism is government intimidation unleashed against consumers to oblige them to buy products that they prefer not to buy. Protectionism is force that enriches the politically powerful at the expense of the politically impotent. Protectionism is business people capturing rents from receiving special favors from the state rather earning profits from giving good service to the public. Protectionism is the myth that money belongs not to consumers who earned it peacefully but to suppliers who steal it coercively. Protectionism is the corrupting lie that absurdly and insultingly insists that mass flourishing results from monopoly and dearth rather than from competition and abundance.
This is from Cafe Hayek blogger, Professor and author Donald J. Boudreaux
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