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Economic Nationalism: Alternative to Globalism

Politics / Social Issues Aug 26, 2015 - 01:02 PM GMT

By: BATR

Politics

Ivory tower economists, corporate business analysts and financial experts routinely trash any discussion that America needs to institute a national economic policy that actually benefits our own country. The mantra of unchallenged doctrine that globalism is the only path for world commerce has been intensively pushed for well over the last half century. How well did the United States fare? An honest evaluation must acknowledge the diminishing middle class has paid the greatest penalty from the corporatist sedition that has destroyed internal independence and productive prosperity.


Building viable enterprises that conduct useful economic activities produce needed and desirable goods and services. Good paying jobs grow when the velocity of money flows in the “real” domestic economy.

International trade can and is often advantageous if it benefits all parties involved in prosperity from the transactions. However, in the un-free framework for maximizing the corporatism structure of above and beyond any particular country jurisdiction or trade policies, the globalists have set up the exact opposite from the much lauded “Free Trade” conduit.

The next argument points out the inconsistency in Economic Nationalism in the Age of Globalism, and asks:

“Is economic nationalism a reaction to global integration, which in essence means cooptation and domination of national markets by the strongest multinational corporations of the richest nations? Neoliberal insist on the forces of the free market operating without government interference to protect the national capitalist class and workers. Naturally, neoliberals advocating global integration have come out against the tide of economic nationalism in any form. However, the same advocates of neoliberalism have no problem supporting corporate welfare in their own countries, a system that is a form of economic nationalism. When governments use taxpayer money to bail banks and subsidize corporations that is a form of economic nationalism, just as when they lobby to have products and services of their industries marketed in countries competing with similar products and services.”

Note the error in the assumption that multinational corporatists have a beneficial relationship to any country that flies their business flag. In a perverted business culture which is now based upon the ‘Citizens United’ court decision that confirms previous precedents that a corporation is a person, the United States has lost the leverage to reverse the international trade practices that has clearly been the vehicle for domestic economic decline.

The alternative to the surrender of sovereignty and globalist blackmail can be found in paleo-conservative populism and the economic history that built America in the 19th century.

Still relevant and sound as the day it was written, Pat Buchanan on Free Trade, provides the template for a rational and constructive national economic model.

“Good for global business” isn’t necessarily good for US

Global capitalists have become acolytes of global governance. They wish to see national sovereignty diminished and sanctions abolished. Where yesterday American businesses suffered damage to their good name for selling scrap iron to Japan before Pearl Harbor, today [war materiel is routinely exported] to potentially hostile nations. Once it was true that what was good the Fortune 500 was good for America. That is no longer true, and what is good for America must take precedence. (Source: “A Republic, Not an Empire,” p.349 , Oct 9, 1999)

“Economic Nationalism”: trade only when it helps US

Rather than making “global free trade” a golden calf which we all bow down to, and worship, all trade deals should be judged by whether:

they maintain US sovereignty;

they protect vital economic interests;

and they ensure a rising standard of living for all our workers.

We must stop sacrificing American jobs on the altars of transnational corporations whose sole loyalty is to the bottom line.

“America First”: Tariffs; reciprocal trade; anti-dumping

America’s workers are being sacrificed to the Global Economy, and our leaders seem deaf to their distress.

Impose tariffs on cheap foreign imports

Prioritize the American Economy before the Global Economy by withdrawing from international organizations that imperil our financial stability & economic independence

Open foreign markets to American products by requiring reciprocal trade policies

Protect vital industries by passing tough anti-dumping legislation.

A policy of Rational Tariffs Lower Irrational Trade Deficits is a course for a rebirth in economic vigor. Tariffs Can Restore America’s Greatness sounds like the next topic for the Donald Trump campaign to take directly to the people.

Economic Nationalism is a bipartisan issue that offers hope and practical employment for the displaced and discouraged. American companies have been punished for decades under the power elite and globalist betrayers.

The Wall Street crowd despises the small investor and by inference the average hard working American. The plutocrats have built much of their ill-gotten gain on the outsourcing of an independent domestic economy.

Globalism is on the precipice of a world-wide implosion. The danger is not just a planetary economic depression, but an intentional political crisis that will demand even more control and loss of access to meaningful commerce.

The cries that international trade will stall to a halt will be used to economically enslave the populist further. Combat this devious strategy to stamp out the diminished vestiges of national ventures with a total rejection of the internationalist “Free Trade” prototype.

Demand for real jobs exists now. In order to achieve the opportunity for earning a living with dignity can be accomplished under a transition to economic nationalism.

The discontent of the electorate is distinctly observable at the Trump or Sanders rallies. The frustration is real and the outcry is becoming louder.

Nevertheless, the road to a solution cannot rely upon a government nanny state mentality. The globalist juggernaut is formidable, as much as it is destructive. In order to implement the conversion into a merchant economy, the bulwark blockage of crony finance and fatal usury need to be broken.

The start to this process begins with an awakening that globalism is the foremost enemy to America. The elites and the entire establishment are hell bent on maintaining a corrupt system. Is it not time to regain our own economic destiny?

James Hall

Source: http://www.batr.org/corporatocracy/082615.html

Discuss or comment about this essay on the BATR Forum

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Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors

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