Economic nationalism: Why we should be very afraid

From the left-ward shift of the Conservative Party in Britain, to the rise of Donald Trump in America, there seems to be a growing appetite for protectionism and central planning in contemporary politics.

The IEA's Steve Davies and Kate Andrews examine some of the reasons behind this trend - and whether advocates of free trade are losing the "Battle of Ideas" in the 21st century.

They also look at what protectionist governments hope to achieve from adopting these policies - and how likely they will be to succeed in "bringing back jobs" for declining domestic industries.

[todmann]

Option 4: you’re wrong and unfettered free trade isn’t best for us and the world we were trending into would have been garbage. But you are correct about regaining national identity.

[EvsEntps]

Steel, coal, food, medical supplies, etc, are extremely important strategic resources, they should absolutely be protected. Never heard such a blind, narrow-minded take on this issue. Your free trade 'economic arguments' completely ignore the risk of exogenous shocks such as wars, foreign protectionism and PANDEMICS, to name a few.

[theendofel]

Japan and Germany post WW2. Arguably the best economies and now China. All heavily economic nationalist and manufacturing based. Neo loberal globalisation has been a disaster for the working class and soon middle class now in UK and US

[adrianshark]

Nationalism is extremely useful now, why should we pay others to become better

[hotseatsports]

Economic nationalism doesn't mean protectionism like North Korea. It should be considered economic rationalism instead of economic nationalism. I understand your guests concerns about economic nationalism but they are routed in the idea of complete nationalism.

The false take on this new movement can be explained by a most likely low estimate of $156 billion expenditures of defense and military protection in countries. Countries in NATO pay 34% of the cost of US military presence as for Japan pays 75% of the cost. Although countries like Japan and South Korea are building new bases for the United States, the differences still do not add up. 

Polarization within the United States is a concerning issue. Among all Democrats, 27% say GOP policies are a threat to the well-being of the country;  among all Republicans, more than a third (36%) think Democratic policies threaten the nation.

The fact is making money brings people together more than anything else. Barely surviving and drowning on debt because of the negligience of caring about the US infrastructure is the problem and the reason of this movement. Instead of just talking, you need to sit back and really think about the reasons people are thinking this way. The American Society of Civil Engineers rates the United States infrastructure as a D+. The United States will  crumble unless this movement takes place and that is how democracy works.

This country continues to be polarized, the Republicans (Trump- draining the swamp) have shifted their focus toward the economic importance within our country. As for the democrats are focused mostly on "identity politics" that takes out the need for the individual (early stages of communist manifesto). The grouping of people based on race or religion and the hierarchy or credibility differences from minorities to the "privileged" is the reason for this polarization. Your ties of the likelihood of the national conscience will led to dangerous outcomes unless the melting pot of the United States has an economy that is strong.

The United States is the greatest country in the world and the reason why the scary nationalism is increasing in Europe because of the unraveling prophecy that Gaddafi said "We have 50 million Muslims in Europe. There are signs that Allah will grant Islam victory in Europe—without swords, without guns, without conquest—will turn it into a Muslim continent within a few decades." By 2050, Muslims will account for 2.76 Muslims and 2.94 being Christians.

Trust the United States because if we see a ethnic nationalism happening it will never take off. The larger concern is a communist takeover. Concerns over this is minimal compared to ethnic nationalism fear that led to one of the worse humanitarian events by the Nazi's killing 6 million not fit for their "aryan race" and this concern needs to be there. 
The concern over communist and nazi is heavily favored toward Nazism because of genocide of what germany called "others".
Communism has killed 70 Million in China,  20 Million in Russia and the reason it is not taught by the liberally favored educational institutions is because they killed within their own country. 

You may be a traditional liberal like JFK that was totally against communism but you need to really sit down to think about the problems as a result of economic nationalism and ways we could do it properly. But also extreme negative results of globalism. Austria and Poland are seeming to be going toward neo-nazi countries closing of the new world order idea so there has to be a middle ground where countries can still have identity but also go toward globalism.

[kayedal-haddad]

Would the SDP be classed as Economic Nationalist?

[pitster]

Economic nationalism was one of the factors that led to WWII. Countries like Germany and Japan invaded everyone around them with the sole purpose of securing their own economic future.

[danieldurling]

How come these podcasts are not on iTunes?

[deejay]

"The Dragons of Economic Error are Always Reviving and Needing to be Slain ".