Trump Derangement Syndrome is not a mysterious disease. He triggers people for reasons. Still, there is no excuse for smart folks to fool themselves into misunderstanding his sometimes genius.
Take the subject of yesterday’s Common Sense, trade protectionism. Trump is plain speaking on this issue, and it is all-too-obvious that Trump harbors old autarkist notions of trade: it’s as if he resents having to pay foreigners for anything.
His apparent resentment of benefiting others — alien others — is what’s so ultra-right-wingéd about him, and why leftists instinctively hate him.
And it’s why many free trade economists regard him as a complete and utter moron. His basic attitude appears to be that trade that benefits The Other must hurt us, and that’s just plain wrong.
But sometimes traders do aim to harm us.
This is where Trump’s attacks on trade with China make more sense. For when we deal with China, we don’t just make Chinese workers and businesspeople stronger, we make the Chinese State stronger — most particularly, the Chinese Communist Party. And that organization has set itself as the enemy not only of the United States but also of all competing states … and the very idea of individual freedom.
Free trade is great, because voluntary trades make both sides better off, and all sides are positively advantaged even when many participants are out-competed and required to re-tool, re-group, and re-invent.
Yet, free trade with those who seek to destroy you is quite problematic. And this is not often figured into the elaborate reasoning offered by free-market advocates.
Trump instinctively knows this, looking warily at those who would use the strength they gain from their people’s trades to transform market power into military power. There exist free traders who think this cannot happen. They are wrong.
The point is to recognize threats and defend ourselves while also embracing the mutual benefits of trade whenever possible.
This is Common Sense. I’m Paul Jacob.
Illustration created with Flux and Firefly
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3 replies on “The Real Free Trade Problem?”
Derangement is defined as a mental illness. Trump Derangement Syndrome doesn’t exist and should be retired as a catchphrase used to demean those who can’t stand the man for the inarguable reasons that he is: a career criminal; a serial sexual predator; and a seedy grifter of extraordinary imagination and success. Etc. His indefinable politics have nothing to do with it.…
Free trade with those who seek your destruction is suicidal. During the Cold War, we didn’t trade with Communist countries, though there might have been one or two exceptions. Trade, by its nature, is expected to be reciprocal. In many cases, it is not. Our markets are open to most Canadian goods, but does Canada give US goods equal access to the Canadian market? Trump says it does not.
About 30 years ago, I submitted an article to Liberty magazine taking, more or less, the same tack toward US trade with China.
An editor to Liberty patiently led me through revisions to that article until I realized that the tack in question was totally, completely, and utterly in error and withdrew the article from consideration. Zhat experience turned me into a supporter of free trade.
I’m pretty sure that same editor is now associated with this publication. Is he on vacation or something?