There have been about 24 true civilizations in the history of the world according to Carroll Quigley in “The Evolution of Civilization”. Those civilizations have risen and fallen and been supplanted by their successors.
When civilization is at its peak it exhibits the same characteristics: high volumes of international trade, democratization, high levels of literacy, an increase in knowledge, geographic expansion, increased population and increased production and rising standards of living.
When civilizations collapse or are conquered most of this disappears particularly international trade and literacy. Then a Dark Age sets in until the next civilization rises.
Tariffs, quotas and prohibitions all DESTROY trade and spread misery relative to free trade. Local production ALWAYS means LESS for everyone. That is the status of a pre-feudal and feudal society where no one trades and no one travels.
There is no such thing as “global economics” only capitalist development. America’s economy is PART of the world economy and there is no escape from that FACT. Political divisions never increase the level of wealth. Free trade is NOT a zero sum game but INCREASES the amount of wealth as economists have known since Adam Smith over two hundred years ago.
Corporations are individuals under US law and have been for over two hundred years. They have certain rights which are protected by law which prevents them from being raped by totalitarians such as hedgie and his pals.
As is easily seen hedgie knows nothing about “free trade”, nor economics nor almost anything he blabbers about. He prefers to pretend our problems are because of trade rather than a government bent on destruction of individual liberty and control of the economy. He is blind to the effect of taxes and unions as well as the overbearing and crushing regulations which drive industry out of our country.
Don’t you understand that our leaders in Washington are wise enough to save us from the perils of “crony capitalism?” Oh, wait a minute . . . .