There is no such thing as free trade. Every trade is governed and regulated, every exchange of money or goods has minimums and maximum, even the stock exchange gets governed if it hits a certain % of + or - .
What you say it is the classic example of a now old belief: the contrary of free trade is the dark ages.
The contrary, the dark ages are now, with people having to scream "i work for less" until they can actually get the job, even if that will make them not able to pay the bills of services and buy the food from the same country where their job is considered worthless.
Governing the free trade is the only way to be a trade in a democratic and peaceful world, the rest is caos. The only way to stop the cyclic crisis from happening is to have an index value for the work of people, based on which the market can adjust up or down,with a degree of freedom depending on current season, but not wildly. We cannot have a 737 captain flying from A to B getting half of the same 737 guy taking off 5 min later to the same destination, just because so the first airline can make a bigger profit out of him.
Fuel costs are the same all over europe plus or minus, and the rest of the expenses for airlines are quite well regulated, taxes, maintenance, handling.
Only workforce costs are going wildly up and down, because the governments never did anything to stop the FREE TRADE of humans!
back to the 1700s
D
Last edited by Damianik; 9th January 2011 at 15:39.