The Trump Administration may be most infamous for its “America First” doctrine. Nationalism rules. Globalists like Obama and Biden and their ilk are despicable elites who’d just as soon sell out US manufacturing jobs to foreign countries as they would sacrifice our sovereignty to international organizations like the United Nations and the World Trade Organization.
The rest of the world be damned. Especially China. At least until they check their Individual Retirement Account balances, most Americans are sympathetic to the argument that it’s time to get tough on China in order to create some semblance of a trade balance and to stem intellectual property theft and cyber espionage against US businesses.
But there’s one central flaw in the administration’s economic and foreign policies that prevents me from enlisting full stop in the China Trade War and that’s the rhetoric spewed by Steve Bannon and others about the ultimate objective. . . destroying China’s “state sponsored capitalism” (see this documentary). This goal is based upon the simplistic and wrong-headed notion that when it comes to economic systems, it’s a winner take all contest.
Bannon says our version of free-market capitalism and China’s state-sponsored capitalism cannot co-exist even though they have been for decades. News flash Bannon—every national economy in the world exists on a continuum between laissez-faire free market capitalism and state-sponsored, command economics. Besides the obvious examples of North Korea, Cuba, and Venezuela, Canada and many Western and Northern European countries prefer the center of the continuum. Amazingly, different approaches work for different people in different places.
How would Bannon, Trump, and the other nationalists in the administration react if another country tried to impose its economic system on us? They’re always harping about our national sovereignty while simultaneously trying to destabilize China’s economy and replace Venezuela’s government.
The moral bankruptcy of this hypocrisy is growing more and more apparent, but the Trump Nationalists continue to get aways with it. Here’s hoping the electorate wakes up by November 3, 2020.
Today’s best bumper sticker. . . Make America Grateful Again.