3 ms·
As a progressive, I am actually lukewarm regarding the tariffs. I think they are a horrible long term strategy, but they do send a signal to the 'world order' t
by qqqwerty 8y ago
As a progressive, I am actually lukewarm regarding the tariffs. I think they are a horrible long term strategy, but they do send a signal to the 'world order' that something is wrong. And if we don't fix it, populism will continue to take root in democracies around the world (and I don't think populism is necessarily bad, it just that it tends to get coopted by tyrants). I also think that the next President can use Trumps tariffs/positioning as political cover to take a tougher stance on China, which is something that has been necessary for a while.
Regarding the class dynamics, I think globalism would have been fine (in the US at least) if it hadn't also coincided with massive tax cuts on the wealthy. The US benefits from being the world reserve currency, having a strong legal and IP system, and massive military, which is what allows the concept behind globalism to potentially work. But most of those benefits accrue to big corporations and the wealthy. Coupled with a strong social safety net and investments in jobs programs and education, I think it could have worked. But the wealthy led an unprecedented effort to convince half the electorate that big government is bad and tax cuts were the solution. So instead of a wide spread prosperity, we have a system that is mostly benefiting the wealthy.