An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Saturday, July 30, 2016
Marc-William Palen — Trump and the Return of American Economic Nationalism
Not about Trump. It's a historical backgrounder of free-trade vs. protectionism in the US.
The Globalist
Trump and the Return of American Economic Nationalism
Marc-William Palen | Lecturer of Imperial and Global History at the University of Exeter
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2 comments:
Free trade is an assault on the general population by international bankers. It is not just one nation against another but it is class warfare.
Capitalism was a way of turning ordinary people into slaves. Market forces ensured they would work for the lowest price. Many live in squalid conditions but are taught the work ethic where they are told that the only way out of poverty is to become capitalists too, and then they can trample on everyone else to climb up out of hell. So the rat race heats up, and the filthy rich make a killing.
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