How left-wingers abandoned free trade
Given its poverty-busting record, they should not have done
FOR MOST of modern political history, free trade has been a radical idea. The Economist was founded in 1843 to campaign against the Corn Laws, tariffs on Britain’s grain imports which kept food expensive for the poor while enriching landowners. We were allied with the Anti-Corn Law League, a group formed in Manchester and led by Richard Cobden, a pacifist who saw tearing down trade barriers as the ultimate anti-nationalist, anti-imperialist project. But Cobdenism was so radical—populist, even—that James Wilson, our founder, tried to keep the League at arm’s length. He would convince the elites that food tariffs should be abolished. Cobdenism was for the masses; its disciples would later pair the principles of “Marx and Manchester”.
This article appeared in the Culture section of the print edition under the headline “A peace offering”
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