Trump’s Trade War: Or De-Globalization?

President Trump’s bold ‘protectionist’ move of introducing import duties of 25% and 10% for steel and aluminum, respectively – and possibly more to come – may be more than just ‘populism’ and fulfilling a campaign promise. And why is the term ‘populism’ always used with a derogative slant? As if it was way below the intellect of those who deride it as addressing the thoughtless and primitive behavior by the people? Aren’t politicians supposed to work for the people? Educate them with the truth instead of ridiculing them; giving them real news instead of ‘fake news’ – and giving them jobs and decent livelihood? Is that addressing “populism”?

President Trump, or whoever directs him, may have noticed the steady decline of the American economy into a hollow war and service machine, with rising unemployment at the tune of more than 20% (though the fake statistics pretend otherwise, putting it below 5%); a country gradually choking on junk consumption, anti-Russia propaganda and a rapidly deteriorating physical infrastructure and civil society.

This unexpected protectionist decision may also be a genuine move against globalization – which, as we know, is controlled by neoliberal economics and has, in fact, nothing to do with real economics. It is sheer criminalizing of economics. It has done enormous harm to the 99.9 % and benefitted only the 0.1% (or less). “Make America Great Again” is supposed to address this fallacy. Bring…

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