from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The advocacy, system, or theory of protecting domestic producers by impeding or limiting, as by tariffs or quotas, the importation of foreign goods and services.
from The Century Dictionary.
- noun The doctrine of the protectionists; the system of protection. See
from the GNU version of the Collaborative International Dictionary of English.
- noun (Polit. Econ.) The doctrine or policy of protectionists. See
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun A
policyof protectingthe domestic producersof a productby imposing tariffs, quotasor other barriers on imports.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the policy of imposing duties or quotas on imports in order to protect home industries from overseas competition
from Wiktionary, Creative Commons Attribution/Share-Alike License
They argue that we can squelch popular support for protectionism by making the tax code more progressive: The best way to avert the rise in protectionism is by instituting a New Deal for globalization -- one that links engagement with the world economy to a substantial redistribution of income.
As people apply the term protectionism as it pertains to outsourcing and the destruction of our Middle-class was and has been a "conspiracy" to transfer the wealth of the nation to the elites and "corpracy" that now appear to rule our nation; the impact of this globalization is now threatening the very existence of our entire social structure and the outsourcing still continues unabated.
Now McCain today declaring that in his opinion the consequences of what he called protectionism and isolationism could cause immense harm to middle class Americans.
DOBBS: Alan Greenspan has said in effect that he is very concerned about the rising tide of what he called protectionism, do you view this legislation as protectionism?
He rejected what he called protectionism and both leaders said they'd work to perfect a trade agreement enacted between the countries last year.
Normal market incentives (out performing your competition) are sufficient incentive for Creativity, protectionism is not needed.
Mitch Potter of the Star reported this week on the increase in protectionism in the U.S.,
If the emerging markets do not start to seriously revalue, trade war and protectionism is bound to begin in earnest.
Yes, of course protectionism is anti-liberty, but so is tax collection so that roads to cities you're never going to visit, but we are okay with that.
They imply that protectionism is always bad, but people want jobs in their countries, and they want the money flowing around them.