“Global economic competition is a game of unequal players … Consequently, it is only fair that we 'tilt the playing field' in favour of the weaker countries. In practice, this means allowing them to protect and subsidize their producers more vigorously and to put stricter regulations on foreign investment. These countries should also be allowed to protect intellectual property rights less stringently so that they can more actively 'borrow' ideas from more advanced countries.”

Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 9, Tilting the playing field, p. 219

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Economist 1963

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