Ordinary Iranians Deserve Relief

Foreign Policy,Iran,Israel,Trade

            

Isreali Prime Minister Benjamin Netanyahu is a patriot. About that there can be no doubt. Unlike American pols, whose policies vis-a-vis the American people border on treason, Netanyahu generally acts in the interests of his countrymen. As the patriot he is, one expects Netanyahu to disapprove of the deal Western powers are hammering out with Iran.

“I told them that according to the information reaching Israel, the deal that appears to be in the offing is bad and dangerous,” said Netanyahu. “Not just for us but also for them. I suggested that they wait and give it serious consideration, and it’s good that that is indeed what was decided. We will do everything we can to convince the leaders not to reach a bad agreement.”

The truth, of course, is that the “deal” is not dangerous to the U.S.

Israel’s concerns notwithstanding, pursuing negotiations that ease sanctions on Iran are good for the U.S. and indubitably fair to the Iranian people. Detailed in “The Warmongers: Not Looking Out For Us” are the costs to Americans—as opposed to their overseers in Washington—of sanctions:

Not to be overlooked are the costs to Americans of sanction enforcement, avers Harmer. In addition to the opportunity costs—the missed business aforementioned—there are “direct costs.” The Office of Foreign Asset Control in the U.S. Treasury Department squanders around $1 billion a year in developing lists of “financial institutions that are subject to sanctions,” and then infringing on the rights of individuals and companies to freely exchange privately owned property.

“Indirect costs” are incurred in the course of cultivating a massive U.S. intelligent infrastructure—a veritable alphabet soup of agencies—upon which the Treasury draws in enforcing a regimen of sanctions.

So, too, are the “deterrent costs” borne by the American taxpayer who pays for patrolling the Persian Gulf, the Northern Arabian Sea and the Strait of Hormuz. …

The toll on ordinary Iranians is orders of magnitude greater. Especially pressing: “the disbursement to Iran in installments of up to about $50 billion of Iranian funds blocked in foreign accounts for years.”

Ultimately, trade, not democracy, is the best antidote to war with Iran. The more economically intertwined countries become, the less likely they are to go to war. More than boycotts, barter with Iran is bound to promote good will and reduce belligerence on both sides. As a general rule, state-enforced boycotts harm honest, hard-working Americans who use the economic means to earn their keep. They benefit servants of Uncle Sam—the political class and its media and think-tank hangers-on. For they deploy the political means to advance their ends and grow their sphere of influence. As libertarian economist Murray Rothbard once observed, these “are two mutually exclusive ways of acquiring wealth”—the economic means is honest and productive, the political means is dishonest and predatory.