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#Globalization

2 posts2 participants0 posts today

if you are an USAmerican, i urge you to peruse the #mayday and #may1 streams, to see how every other country but USA celebrates the first day of may as not just #LaborDay but the day to celebrate workers internationally because that’s what “workers of the world, UNITE!” means.

actually, on this 1st of May of 2025, let’s reflect on the fact that American capitalists co-opted the language of #IWW and labor union internationalism, to repackage & normalize fascist #corporatism as #GLOBALIZATION

Trump's new #tariffs could spark a global economic meltdown, hitting poor countries hardest and widening inequality.

Analysts say it’s neo-colonial, climate-destructive, and regressive. Five different opposition views (Keynesian, eco, nationalist, Marxist, neoliberal) all warn of chaos, but without unity, the pushback is weak.

Some leaders are caving, China is quietly fighting back, and some see this as a chance to rethink global trade altogether. #globalization

znetwork.org/znetarticle/trump

This so-called New Right has adopted the furious nostalgia of a backlash to what Milei has called a “global hegemony” while embracing radical deregulation. At Davos, Slobodian writes, “Milei spoke less as a defector from the global capitalist order than its latest photogenic cheerleader.”
#neoliberalism #corporatism #globalization #bookreview #Hayek #economics #macroeconomics #policy #history #sociology #government
nytimes.com/2025/04/09/books/r

The New York Times · Book Review: ‘Hayek’s Bastards,’ by Quinn SlobodianBy Jennifer Szalai

Articles about "Trump is anti-globalization" are everywhere. Their tag line is isn't it great he is taking on problems with globalization, tariffs might be good, actually.

Framing hardcore imperialism as"anti-globalization" will get centrists or even some "lefties" on board.

Are the media just bored, looking for "new" angles, or is this a really well run propaganda show? Or a bit of both and things I don't see?

"The big, long-term question: what does the global trading system look like? The thing to watch for is whether the kind of deals Vietnam and others are making with the US end up destroying the most-favoured-nation principle underlying the World Trade Organization by giving the US special treatment. I’m moderately optimistic on this one. Label these deals as preferential trade agreements (which is pretty dodgy under WTO rules, but there are plenty of weak PTAs about already), recognise that many won’t make much difference to US exports anyway and move on. It strikes me that, if anything, attachment to the multilateral system, particularly in open trading economies like the south-east Asian nations, has increased as a result of the US threatening it. If countries are looking for a framework of international trade law, the WTO provides it. Unfortunately, though, I don’t see much sign that India is going to stop playing its spoiler role and paralysing the negotiations part of the WTO (as the US tried with the dispute settlement system)."

ft.com/content/3a6c0561-0628-4

#USA#Trump#Tariffs

Both moments of peak globalization came crashing down, in epochal, generation-defining ways. In 1913 the value of exported goods made up 14 percent of the world economy... The backlash propelled the rise of right-wing authoritarian and fascist movements that promised to reverse or seize control of the forces of globalism. It ended in a catastrophic world war.
#history #globalization #trade #nationalism #WW3
nytimes.com/2025/04/05/opinion

The New York Times · Opinion | Globalization Is Collapsing. Brace Yourselves.By Tara Zahra