COVID-19 is the climax to this 4T

[Ragnarök_62]

(04-07-2020, 09:41 PM)Warren Dew Wrote:

(04-07-2020, 04:02 PM)David Horn Wrote: What may change, and must if sanity is to rule, is the practice of off-shoring critical production.  We're seeing how smart that was right now.  Trade is good; mercantilism isn't.

Certainly we should reinstate the requirement that defense goods be entirely produced domestically.  Maybe some medical goods too, but we need to change the pharmaceutical rules to prevent pharmaceutical companies from saddling Americans with 100% of the R&D costs, selling drugs overseas cheaply while keeping prices high in the US.

Not sure what that has to do with mercantilism.  Mercantilism involves keeping all production domestic, and getting only raw materials from the empire.  That's not the kind of empire the US has.

That is correct. The US runs it empire in traditional style. That is to say, the US loots a lot of its informal empire through shake downs, invasions, like all of the stuff we did in the MidEast, IOW, Operation Iraqi Liberation = OIL, which was the real intent after all. However, Rags is doing a snoopy dance. Looks like GenX is gonna remake it into a more economic populist thing.

https://mattstoller.substack.com/p/the-n...imagines-a.

And this.
https://www.theamericanconservative.com/...t-medical/

Shit yeah!   


The only thing that needs to go is this China, China, China stuff.  China didn't put a gun to Corporate America for those factories.  Rubio needs to go and talk to Tulsi.  But yeah, this is amazing.  Republicans discussing autarky, I mean wow, just wow.   Just a few more shifts, and perhaps, the US can get a combo of Gorbachev and Bismark.