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Originally Posted by Robert Schunk
Larry Summers is (or was) one of the biggest hypers of Neoliberal dogma around, and his recent conversion isn't really convincing me. He's still a globalist who's still defending the globalist system.
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globalization is unavoidable. it’s been in progress since our ancestors left africa. the only issue remaining is which values will preponderate in this planetary integration. and that’s an issue which requires global leadership. but gobal leadership is not accomplished by retrenching behind a medieval moat.
SAD!
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Originally Posted by Robert Schunk
And raising tariffs on Luxembourg steel reduces their competitive advantage relative to domestic steel which helps rebuild the US steel industry.
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and what’s so necessary about the US steel industry that requires the government to pick winners and losers in the market?
because right now manufacturing is suffering as a result of steel tariffs.
so we’re squelching manufacturers to favor raw material production.
in the name of....? what exactly?
self-sufficiency?
backwardness more like it.