The abstract theory posits that free trade functions not merely as a market mechanism but as a symbiotic foundation for social reform liberalism and democratic accountability within modern political economy. This principle asserts that the generation of wealth through non-discriminatory exchange enables the distribution necessary for welfare-oriented policies, while simultaneously acting as an ideological force against state interference and imperial protectionism. The concept operates under the rule that trade barriers inherently fail to generate revenue without introducing discrimination, thereby destabilizing both fiscal governance and civil liberties in a sovereign parliamentary system.
The abstract theory posits that free trade functions not merely as a market mechanism but as a symbiotic foundation for social reform liberalism and democratic accountability within modern political …