To maintain free trade and globalism, as Friedman would like, in the face of middle class decline and discontent is going to require the Wisdom of Solomon for Democrats.
Should we rebuild the social safety net...simply to allow international capital to continue looting the cheap labor economies of the world...?
Or, is there another way to do this...?
I know of no economy in history wherein abandonment by capital resulted in prosperity. Protectionism may be bad...but what if we discover that everything else is worse...or unsustainable...
My hunch is that:
ALL ECONOMIES ARE LOCAL...AND THIS NOTION OF AN INEVITABLE "GLOBAL ECONOMY" IS A GROSS ECONOMIC HERESY...AS YET UNDISCOVERED...OR UN-EXPOSED...
