> but protectionist populist economics are mostly a phenomenon of large developed countries, not fledgeling economies This simply isn’t true. To the extent tha

> but protectionist populist economics are mostly a phenomenon of large developed countries, not fledgeling economies This simply isn’t true. To the extent that fledgling economies eschew protectionism it is generally a condition of trade agreements and “aid” imposed by rich countries. That some rich countries are returning to protectionism for critical sectors shows the dire consequences of deindustrialization, both politically and materially (as the pandemic laid bare).