The track record for capitalism is nothing short of spectacular. In no other economic system will you see the improving standard of living (3% per year), rapid improvements of infrastructure, in some cases deflation of the currency. I am somewhat disappointed in the phrasing of the question: "Should free trade be allowed in developed countries," on the grounds that it implies that freedom exists only on permission. In a free enterprise environment, human rights are respected. Free enterprise is the only system in which money is made, instead of taken. In some cases, there will be the abusive employer. He will be taken care of by other potential employers offering better terms, especially for skilled labor. The businessmen will be actively competing, with price wars and the like, so the customer gets the best. The stories you hear about the multinational companies abusing the locals come from sweetheart deals with a corrupt figure in power, allowing them to get away with it. That alone tells you that, when they bring it up as an example, you can tell them that it is not. Thank you.
Yes because developed countries when compared to developing countries have achieved a better position in economy. So isn't it morally the duty of the developed countries to help developing countries.....We are only asking the developed countries to reduce their trade boundaries (but not to remove all its trade boundaries)
There is a DOUBLE benefit too. The world is interconnected. For example if a developed country reduces its tax for the development countries for global trading, developing countries would gain a greater profit so that they can develop their internal trade...In other hand developed countries can put out agreements to increase the close relationships between countries( in other words increasing their protection preventing wars in future)