Discussion about this post

User's avatar
RJJ's avatar

Modern physics teaches that things at their smallest degree base apparently consists of discreet individual quanta. Even light, which is perceived as a seamless continuum is composed of individual photons. This is nature, and laws of human life will not deviate for long. To the elite Globalists, the anti-patriotic multi-national corporations and Free Trade ideologues, the world is an economic continuum envisioned as a seamless market. This is a false notion. The world's economy is precisely quantized as individual national units derived from individual national cultures driven by individual praxis. Trade and free exchange does work very efficiently within defined cultural units; but to eliminate separate culture unit individualities is to destroy the entrepreneurial engines of economies. The perceptions of a world-wide market continuum can persist in the absence of base quanta culture units, but that market will ultimately degrade to nothing.

As noted above, the theory of Free Trade had some justification under certain conditions prevailing prior to the Industrial Revolution. Post that event, the theory breaks down, and as the modern historical record demonstrates, “managed trade” through protectionist policies such as tariffs to mitigate replication provides the underpinnings for modern secure economic development. “...it was protectionists that invented American Capitalism. It was under a 40% average tariff that our nation built up for over 150 years. ...it was under protectionism that until 1913 there was no income tax, and no need for it.”1 Trade of valued non-replicable goods is normally desirable, but “free” trade of goods subject to easy replication by competitors will inevitably bring economic displacement and a leveling down to a world-wide mean. Although some undeveloped economies may rise to this mean, all the developed countries would have to severely decline to reach it. Pat Buchanan wrote in his column, “No nation rose to world power on free trade..... Nations rise on economic nationalism; they descend on free trade.” Do free traders ask who will provide the economic engines to the world after the developed economies settle in to torpidity? Can their capital bases be sustained?

As the incessant process commences, it soon becomes evident in our observations with the destruction of the pre-existing capital base of the developed countries. As economist Antal Fekete wrote “Capital accumulation is the result of decades or even centuries of arduous saving by hundreds of millions of individuals that, nevertheless, can be frittered away in a matter of a few years. To rebuild the capital base of society will take a concentrated effort to save for decades to come.” In service to the Globalists, should this capital base be now foolishly destroyed for posterity on the mantra of Free Trade ideology?

Expand full comment
Frank Miscione's avatar

Hence, no railways connect the heart of the African continent to Euro/Asia with Israel at key strategic location/cut-off.

Expand full comment
11 more comments...

No posts