Free Trade

Asymmetric Protectionism

Published by Anonymous (not verified) on Sat, 04/01/2020 - 6:24am in

Imperialism and free-trade is the most important reason for why some countries are rich and others poor. Because of the principle of circular and cumulative causation, they rarely catch up. Poor countries aren’t “underdeveloped”—it’s a misleading word—they’re exploited. Hence there’s a need for global rules to allow for convergence of fortunes of nations. The current rules of globalisation lead to polarisation and welfare of a few, not the many.

I recently recommended Ha-Joon Chang’s lecture series. It’s a long one—13 lectures followed by discussions.

In the discussion part of the talk Why Are Some Countries Rich And Others Poor, Ha-Joon Chang calls for asymmetric protectionism. The global rules are in favour of poor countries and not the rich ones.

Nicholas Kaldor was proposing “planned trade” in the 70s and the 80s and also a plan to have balanced trade. So a part of planned trade would be to allow poor countries to use tariffs and quotas without the fear of retaliation by rich countries.

Pride’s Purge: Boris Set Up Group to Sell NHS to Americans after Brexit

Published by Anonymous (not verified) on Thu, 12/12/2019 - 2:39am in

Credit and kudos for this story to Tom Pride. A few days ago I put up a piece about a speech Johnson made in 2003 demanding the end of the ‘monolithic, monopolistic’ NHS for the benefit of private healthcare and health insurance companies. This was dug up by left-wing bloggers to refute Johnson’s lies that he has no intention of selling it off to the Americans, or otherwise privatising it. Despite the fact that’s exactly what he and the rest of the Tory party have been doing and intending to do for over forty years ever since Thatcher came to power.

Trump very clearly stated that he wanted the NHS to be ‘on the table’, despite Johnson’s denials. And Johnson was very definitely in negotiations with the Americans, although these were kept secret. And last Tuesday, Pride’s Purge put up a piece revealing that in 2017, Johnson and his Tory colleagues Liam Fox and Daniel Hannan, the Tory MEP for Devon, set up the Institute for Free Trade. They wanted to allow the Americans to compete with the NHS to run British hospitals after Brexit, as well as ending the ban on American chlorine-injected chickens and accept American environmental and food safety regulations.

The Purge concludes

Don’t let our hat-doffing compliant press let Johnson get away with his lies about not planning to sell off the NHS to US private companies after Brexit.

Go here to see the original article, plus shots of pages from The Times and elsewhere reporting this: https://tompride.wordpress.com/2019/12/03/in-2017-boris-johnson-launched-group-proposing-nhs-sell-off-to-us-firms-after-brexit/

Desperate Tories Now Using Smear Manuals against Labour and Lib Dems

Published by Anonymous (not verified) on Thu, 05/12/2019 - 4:15am in

I love the smell of Tory fear in the morning! You can tell how desperate the party of Thatcher and Johnson are when they’re reduced to lies and smears. Not that they were above them anyway, but now they seem to be rapidly abandoning any attempt at fair play. Mike reports that an article in today’s Groaniad reveals that the Tory party is equipping its doorstep campaigners with special dossiers they are to use against their opponents. There’s a 17 page one for Labour, and a 19 page one for the Liberal Democrats. These manuals contain such fictional statements that Labour’s immigration policy would open the door to 840,000 migrants a year, and that the Lib Dems are trying to push sex work as an appropriate career for schoolchildren and policies that are pro-pimp.

Mike comments that people seem to believe some of this nonsense, but that it isn’t putting them off voting Labour. Someone had tweeted him personally that in spite of Labour’s ‘open door policy on immigration’, they were still going to vote for the party. As this person was doing the right thing, Mike didn’t correct them.

See: https://voxpoliticalonline.com/2019/12/03/not-sporting-not-working-tories-are-using-manuals-to-smear-rivals-but-they-arent-changing-minds/

Okay, the accusation that Labour is in favour of open door immigration and this country being swamped with non-White immigrants has been a staple of the right and the far right since forever and a day. It’s one of the constant lines – or lies – repeated by newspapers like the Heil, for example. The other stereotypical smear against Labour, and one which Private Eye has parodied mercilessly in the past, is that a Labour government will bring mortgage prices down. I haven’t seen jokes about that line recently in the magazine, perhaps because if the Heil actually did run, the exorbitant house prices at the moment would mean that Labour’s vote would actually go up.

But the accusation that the Lib Dems are promoting pimping and prostitution is a new one. I think it comes from a conference the Lib Dems held a year or so ago, which was about improve conditions for sex workers. One of the talks was about taking the stigma out of it. But the Lib Dems don’t seem to pushing pro-pimp policies or encouraging schoolgirls to get jobs as prostitutes.

But it does seem more than a tad hypocritical on the part of the Tories as they are and have been.

Way back in the 1980s, when Maggie Thatcher that was unchaining the power of private industry, one industry that a certain section of her minions definitely wanted unchained from state prohibition was prostitution. There was a certain section within the Tory party, as I recall, that wanted it legalised. I think they used the same arguments for it that have been around ever since the late 17th century-early 18th century economist Bernard Mandeville put them forward. Mandeville was an early advocate of free trade against the prevailing mercantilism, in which the state rigidly regulated trade between nations and colonies. Mandeville wanted publicly funded brothels. These, he argued, would allow the men, who used prostitutes to satisfy their lusts legally, while protecting decent women from their attentions. I think the Lib Dems, who set up the conference also had a feminist angle. They seem to have felt that if prostitution was legalised, it could be properly regulated to keep the prostitutes themselves safe. I think the models for such legislation are the continent and Australia. I’m sceptical that these arguments actually work in practice. But the main point here is that the Lib Dems haven’t necessarily promoted anything that the Tories weren’t debating nearly forty years ago.

But the Tories are forcing people into prostitution.

It is by and large the last refuge of the poor and desperate, women and men who can’t make ends meet any other way. Under Thatcher there was a series of scandals in which Tory politicos were caught using rent boys. So much so that there was a sketch on Spitting Image in which a Tory politician, explaining what his government has done to the nation, declares that it has opened lots of work for young men to a lad. When the lad asks what work it is, the Tory replies that it is as a rent boy, and he’ll see him later.

More recently, there were reports a few years ago about female students turning to prostitution in order to pay the tuition fees that New Labour introduced, but the Tories and Lib Dems increased.

And let’s not forget another incident, in which a Jobcentre had to apologise for suggesting that work in sex shops was a suitable occupation for women wishing to get off the dole.

I don’t know, but it really wouldn’t surprise me if there had been an increase in prostitution in general as women were forced to turn to it simply to keep body and soul together through the poverty Tory welfare cuts, wage freezes and zero hours contracts have caused.

The Lib Dems may not have been actively promoting prostitution with their conference, but the Tories have also openly advocated it and their policies are pushing vulnerable women into it through the poverty they’re creating.

Sargon of Akkad Exposes Lib Dem Lies

Remember Sargon of Akkad, otherwise known as Carl Benjamin, the Sage of Swindon? Sargon was the internet personality who, along with Mark ‘Count Dankula’ Meechan and Paul Joseph Watson, managed to destroy UKIP at the last elections. The party’s head decided that he could revive its flagging fortunes by inviting these three people aboard. He was counting on them bringing their audiences with them, but instead everyone with reasonable political opinions fled. Much of the rest went over to the Fuhrage’s new Brexit party, which is really just a corporate cult of personality pretending to be a party. Which left UKIP with a derisory membership and even more internal feuding, culminating in the resignation a few days ago of their Fuhrer, Richard Braine. Yes, Dick Braine was running the party.

As I’ve pointed out, Sargon has some extremely right-wing opinions. He’s anti-feminist, anti-immigration, and a ‘classical liberal’. Which means he’s a 19th century free trade liberal, who would now be an extremely right-wing Tory. He wants complete privatisation and an end to the welfare state, including the privatisation of the NHS.

So why give one of his videos a platform here?

Because on the subject of the Lib Dems, he’s right.

Sargon begins by talking about how the Fib Dems are doing extremely well in the polls, especially in Wokingham, Dominic Raab’s constituency, where they are only a few places behind the Tories. Jo Swinson, their leader, claims to be running a cleaner campaign, opposing the Trumpian politics of political deception. But as he goes on to prove, she and her party are using very Trumpian tactics.

He talks about the Fib Dem leaflet, that claimed that the Lib Dems were the leading party behind the Tories in Bath and North East Somerset. But this was in answer to a very specific polling question. Those polled were asked which parties they’d vote for, if the Tories and Lib Dems were neck and neck. The real opposition to the Tories in that part of Somerset, just south of me, is Labour.

He goes on to show the clip from Sky, where Beth Rigby tries to question Jo Swinson about this. Rigby rightly says it’s misleading. Oh no, denies Swinson, they tell you what the figures refer to. Yes, they do. In very small print of the type that people don’t read. Swinson then bangs on about how Labour voters, who don’t want Brexit, have been deceived and are turning to the Fib Dems instead.

And this isn’t the only instance where the Fib Dems were lying. Kate Burley also tried to tackle New Labour defector Luciana Berger on the subject of the Fib Dem’s mendacity. Berger is standing for them in Golders Green. Burley tries to pick her up on their election pamphlet, which quotes the Groaniad and Sky News as saying that the party’s ready to win the election. In fact those quotes don’t quite come from those sources. They come from Jo Swinson, as reported by the Groan and Sky News. But Berger denies any deceit. She just carries on with a spiel about how the Fib Dems have taken over from Labour as the opposition to the Tories in Golders Green, and that people are looking for a new type of politics.

And then Sargon shows just how Trumpian their election material is. Their pamphlets are all about Swinson, and how she’s going to be the next PM. It’s exactly like Trump, because like his campaigning, it’s all about the leader.

He also attacks another lie from the Fib Dems, where they claimed they were ahead of Labour and neck and neck with the Tories in Putney. Except that it was another lie. They’d never even polled in Putney.

The video ends with him attempting to rebut their stock rhetorical argument by saying that people should vote for them, as they are the only party that stands for Remain. But as Sargon reminds us, most people voted for Brexit. He has nothing against Trump and Trumpian politics, but they can’t say they’re opposed to it when they’re actually doing exactly that. They’re whole campaign is a good way of discrediting themselves.

This is all completely true, unlike just about everything Swinson says.

Mike put up a piece on his blog a few days ago showing how the Fib Dems were lying about their putative lead over Labour in BANES and elsewhere. But this is just one in a long line of porkies they’ve been spewing. Remember a little while ago, when Swinson was complaining that when all the other leaders were doing their best to campaign for Britain to remain in the EU, Jeremy Corbyn ‘was nowhere to be seen’? The truth was actually the reverse. Corbyn had been crisscrossing the country and travelling from city to city campaigning. It was Swinson who hadn’t. Except for one, halfhearted tweet.

Where were you, Swinson, when Remain needed you?

As for the image she tries to give of her party being full of ardent europhiles, keen for us to remain in the EU, only two per cent more of their membership are in favour of staying than the Labour party’s.

And Swinson has pointedly refused to say whether or nor she’d go into coalition with the Tories in the case of a swung parliament. Which means, to me, that she does. Which makes all the guff about her standing for Remain just so much electioneering rhetoric.

And Berger is also a liar. 

I wouldn’t be surprised if the Fib Dems have overtaken Labour in Golders Green. It’s because Berger and the rest of the Blairites, the Tories and the Israel lobby have been trying to scare Jewish Brits witless by telling them that Corbyn and his supporters are genocidal anti-Semites. The reverse is true. Corbyn has always stood up for Britain’s Jews, just as he has done so for all of Britain’s diverse communities. What Berger and her colleagues in the Blairites and the rightwing Zionist organisations found absolutely intolerable is the fact that he wants a genuinely just peace between Israel and the Palestinians. And hence the accusations of anti-Semitism and the hysterical screams that a Britain under his government wouldn’t be safe for Jews. Piffle.

Berger herself has genuinely received death threats and abuse online. But I think that some of her other claims of abuse by Labour party members have been shown to be false.

Berger is a liar, from a party of liars, led by a liar.

And you can tell the moral squalor of the party when someone as right-wing as Sargon points it out and almost looks good in comparison.

John Eatwell’s Speech On Joan Robinson

Published by Anonymous (not verified) on Fri, 08/11/2019 - 1:37am in

John Eatwell’s Speech On Joan Robinson

Good speech on Joan Robinson by John Eatwell from earlier this year at Girton College

Eatwell argues how Robinson was a top economist. He talks of the “new mercantilism”, on how free trade creates a deflationary bias on the world economy, many among other things.

Corbyn Warns of Disastrous Consequences of Tory Election Victory

The I newspaper on Tuesday carried a report about what Jeremy Corbyn was expected to say in a speech attacking the Tories’ real plans for the country after Brexit. The article by Nigel Morris, titled ‘Corbyn: Tories plan Thatcherism on steroids’, ran

Boris Johnson’s post-Brexit plans will erode food safety standards to American levels to allow maggots in orange juice and rat hairs in paprika, Jeremy Corbyn will claim to day.

He will accuse the Prime Minister of plotting to unleash “Thatcherism on steroids” by using Brexit as cover for pushing an ideological agenda of selling off the NHS and slashing workers’ rights.

Mr Corbyn will insist Mr Johnson wants to strip away consumer, employment and environmental protections as he negotiates a free trade deal with President Donald Trump.

“Given the chance, they’ll slash food standards to US levels where ‘acceptable levels’ of rat hairs in paprika and maggots in orange juice are allowed and they’ll put chlorinated chicken on our supermarket shelves,” he will say in a speech in Harlow.

“And given the chance, they’ll water down the rules on air pollution and our environment that keep everyone safe. They want a race to the bottom in standards and protections.

“Given the chance, they’ll run down our rights at work, our entitlements to holiday, breaks and leave.”

The Labour leader will also claim that Mr Johnson’s Brexit plans would allow American pharmaceutical companies to bid for NHS contracts at a cost to the taxpayer of £500m a week.

Mr Johnson has denied the health service would be ‘on the table’ in po9st-Brexit trade talks with Donald Trump.

However, Mr Corbyn will say: “What Boris Johnson’s Conservatives want is to hijack Brexit to unleash Thatcherism on steroids.”

He will say that the Conservatives want to take Britain out of the EU because they knew voters would back a return to the politics of the 80s.

“Margaret Thatcher’s attack on the working community of our country left scars that have never healed and communities that have never recovered,” he will say. “The Conservatives know they can’t win support for what they’re planning to do in the Thatcherism. So they’re trying to do it in the name of Brexit instead.”

This is all absolutely true. Thatcher led an attack on Britain’s working people through privatisation, anti-union regulation and her attack on the welfare state. She want to privatise the NHS, but was prevented by a cabinet revolt. And the Tories back then made it very clear that they wanted to destroy the welfare state, because they considered it an obstacle to workers getting jobs. At the same time, they despised and attacked workers’ rights, on the grounds that they’re a burden to employers.

The result of his is massive job insecurity and a highly prejudiced and hostile benefits system that has seen millions of unemployed, poor and disabled people denied the money they need to live on. 250,000 people are kept from starvation only through food banks. 14 million households are in poverty. Millions of workers are trapped in a gig economy, where they don’t know if they’re going to have work tomorrow, and have no rights to basic pay and entitlements.

Some of the blame for this must lie with New Labour. But they were following the agenda set by Thatcher. And while the Tories have said that the NHS is ‘off the table’ in debates with Trump, they held six secret meetings with American negotiators in which it was very much included.

Thatcher is a great, molten idol to the Tories, but they recognise that she is bitterly unpopular in some areas. It was most obviously demonstrated in the parties that broke out in some parts of the country when she died. Her ideological legacy, neoliberalism, has been described as a ‘Zombie economy’ – it’s failed, but it’s still being propped up and kept alive somehow by the political and media establishment. And the Tories are using Brexit to push their attack on workers’ rights. As I’ve said before, the Tories hate the EU not because of the single market, which they actually quite like, but because of the Social Charter which lays down basic rights for European working people. That’s why they want to leave the EU: so they can get rid of this, and really start exploiting people.

Corbyn is telling the truth. Don’t believe the Tories lies. Get them out on December 12!

Leave.UK and Boris Now Using Racism to Push Brexit and Get Votes

I suppose it was inevitable. I realise not everyone, who voted for the Leave campaign is racist by any means. A lot of working class and left-wing peeps voted to leave the EU no doubt because of the very real problems with it. Private Eye has been describing for years its corruption, its lack of democracy and accountability of its senior officials, and the high-handed way it deals with member states that don’t toe the line. Years ago it described how the-then president of the Czech Republic, Vaclav Klaus, was aghast at the terms it presented him and his country for membership. He complained that his country hadn’t been treated like that for over thirty years. Which meant that he was comparing it to the way it had been pushed around when it had been a Soviet satellite. This drew an outraged reaction from two of the MEPs in the EU delegation, both of whom, I think, were left-wing. One of them was Daniel Cohn-Bendit, French politician, who had been a radical leader during the ’68 revolution. They screamed at Klaus that the EU was definitely democratic, and the architect and keep of peace after the Second World War.  Robin Ramsay, the editor of the conspiracy website Lobster, is an old-fashioned left-wing Eurosceptic. He objects to the EU because economic Conservatism and neoliberalism is built into it. He regards a strong nation state with nationalised industries as the best political and economic system and protector of the rights of working people. Tony Benn was the same, noting in one of his books the real harm membership of the EU actually did to our economy and industry.

But Benn was also realistic, and recognised that we were now also economically dependent on the EU, and that leaving it would also cause severe disruption and damage. 

All of which is not considered by the right-wing supporters of Brexit. They’re not interested in protected our nationalised industries, like what remains of the NHS, because they want to sell it off to the highest bidder. And that means, at the moment, Donald Trump. Thus for all their posturing, they were quite happy to see our railways owned by the Bundesbahn, the German state railway network, and our water by the French, and then the Indonesians. And our nuclear power stations built and owned by the French and Chinese. They’ve got no objections with other states and nations owning our infrastructure, as long the British state doesn’t.

And there is and has always been a nasty undercurrent of racism in the Right’s attitude to the EU. Now with the latest poster from Leave.UK it’s all out in the open. As Mike’s shown in his article, they’ve now put up a poster showing Chancellor Angela Merkel, with her arm raised in a quasi-Nazi salute, or what could be interpreted as one. And there’s a slogan ‘We didn’t Win Two World Wars to be Pushed Around by a Kraut’.

This is just pure racism, expressed in racist language. And the imagery is offensive and wrong. As Tony Greenstein showed in his article, the CDU had its share of former Nazis amongst its members. And incidentally, so was the Freie Demokraten, the German equivalent of the Liberal party. Back in the 1980s there was a massive scandal when it was revealed that neo-Nazis had all been infiltrating them. Even the odd member of the SPD has been outed as a former member of the Nazi party. But that doesn’t mean that the CDU, or any of the other German democratic parties are really Nazi, simply because they’re German. I think Merkel herself is genuinely anti-racist, and tried to demonstrate how far her country had moved from the stereotype left over from the Third Reich when she invited the million or so Syrian and North African refugees to settle in the Bundesrepublik. It backfired badly on her, as people, not just in Germany, were afraid their countries were going to be swamped by further Islamic migrants and the wave of 200 or so rapes by a minority of them provoked an vile islamophobic reaction. But Merkel herself, and her people, aren’t Nazis and aren’t engaged in some diabolical plot to dominate Europe by stealth. As I’ve blogged about endlessly, ad nauseam.

Mike’s article cites the comments from three continental papers, who I believe have rightly assessed the situation and BoJob’s shenanigans with the EU. They differ in that some of them think the Blonde Beast is aiming for a no-deal Brexit, or that, denied that, he wants a Brexit extension. But whatever the outcome, he wants most of all to blame it on the EU. Those nasty foreigners are responsible! He and the Tory press are trying to present it as though Boris and the Tories have done everything they can to secure a deal, and it’s all due to those horrible, intransigent foreigners, and particularly the Germans, that they haven’t. Thus they’re seeking to work up nationalist sentiments so that they’re voted back in with a massive majority, having seen their lead in the polls.

I can well believe it. It’s what they’ve always done.

I remember how the Tories became the Patriotic Party under Thatcher in the 1980s. Thatcher stood for Britain, and anyone, who opposed her and the Tories more widely was definitely not One Of Us. They were some kind of traitor. The Labour party was full of Commies and IRA sympathisers, as well as evil gays determined to corrupt our youth in schools. Thatcher represented Britain’s warrior heritage and island independence. She constantly and consciously harked back to Winston Churchill. Their wretched 1987 general election video showed Spitfires zooming about the skies in what Alan Coren drily called ‘the Royal Conservative Airforce’. Over the top of this an excited male voice declaimed ‘We were born free. It’s our fundamental right’. Actually, the quote comes from Rousseau’s Social Contract, and is ‘Man was born free, but everywhere he is in chains’. Which is a far better description of the free trade, low tax world Thatcher wanted to introduce and her destruction of workers’ rights and the welfare state. Thatcher was our bulwark against domestic terrorism and the IRA at home – even though she was secretly negotiating with them – and the Communists and Eurofederalists of the EU abroad.

The Tories continually used the imagery and memories of the Second World War and the Empire to drum up support.

It’s a crude, nationalistic view of British imperial history. The idea that somehow we stood alone against Hitler during the Second World War is a myth, but one that all too many of us buy into. We survived and were victorious because we had the support of our empire. We were fed, and our armies staffed, by the colonies, including those in the Caribbean, Africa and India. If it hadn’t been for them and the Americans, we would have fallen as well.

And the history of the British empire and its legacy is mixed. Very mixed. I don’t deny that many of the soldiers and administrators that founded and extended it were idealists, who genuinely believed they were creating a better order and were improving the lives of their imperial subjects. But there was also much evil. Like the history of the Caribbean and the slave colonies in North America, or the treatment of the Amerindians and other indigenous peoples, like the Maoris or Aboriginal Australians. They weren’t noble savages, as portrayed in the stereotypes that have grown up around them. But they didn’t deserve the massacre, displacement and dispossession they suffered. The Irish patriot, Roger Casement, was a British imperial official, and was radicalised by the enslavement of South American Amerindians by the British rubber industry in the Putomayo scandal. This turned him against British imperialism, and made him an ardent fighter for his own people’s independence. To get a different view of the empire, all you have to do is read histories of it from the perspective of the colonised peoples, like the Indians or the slaves in the Caribbean. Or, for that matter, the horrific treatment of Afrikaner civilians in the concentration camps during the Anglo-South African ‘Boer’ War. In too many cases it was a history of persecution, dispossession and oppression, fueled by greed and nationalism.

Ah, but the British Empire stood for democracy!

It was largely founded before the emergence of democracy, which everywhere had to be fought for. And parts of the British imperial establishment remained anti-democratic after the Liberals extended the vote to the entire working class and women at the beginning of the 20th century. Martin Pugh in his history of British Fascism between the two world wars states that sections of it were not happy with the extension of the franchise in the 1920s, especially the diplomats and administrators in the Indian office, like Lord Curzon. It’s highly dubious how much of a patriot Churchill was. In the years before the outbreak of the Second World War, Orwell remarked in one of his press articles how strange the times were, with Churchill ‘running around pretending to be a democrat’. And there was a very interesting article years ago in the weekend edition of the Financial Times that argued that it was only because Britain needed allies during the Second World War, that the English Speaking Union appeared as one of the leading organisations in the spread of democracy.

But still we’ve had it drummed into us that the Empire was an unalloyed, brilliant institution, our country is uniquely democratic, and the Tories represent both and our national pride and heritage against the depredations of Johnny Foreigner.

Salman Rushdie and the rest are right. We need proper, balanced teaching about the Empire to correct some of these myths.

Supporters of the Labour Party and Remain campaign in response to the latest eruption of bilious racism and xenophobia have released their own posters. One shows Boris Johnson and has the slogan ‘We Didn’t Win Two World Wars to Be Pushed Around by a Fascist’. Another shows Nigel Farage with the slogan ‘We Didn’t Win Two World Wars to Be Pushed Around by a Fraud’. At the bottom is another legend, reading ‘Let’s Not Leave EU’.

See: https://voxpoliticalonline.com/2019/10/09/leave-campaigns-response-to-angela-merkel-is-racism/

They’re right. And the Tories and the Leave campaign are whipping up racism simply for their own benefit. If they get a no-deal Brexit, or win a general election, they will privatise the NHS, destroy what’s left of the welfare state. Our industries will be massively harmed, and whatever’s left of them will be sold to the Americans. 

It will mean nothing but poverty and exploitation for working people. That’s how the Tories use racism and xenophobia.

Don’t be taken in by their lies. Stand up for democracy and peace and harmony between peoples and nations. Get rid of Boris, Farage and Aaron Banks. And support Corbyn and Labour.

 

Is there life after NAFTA?

Published by Anonymous (not verified) on Mon, 08/10/2018 - 4:17am in

 

Like all sensible folk I was myself opposed to the NAFTA at the outset, convinced that it did more for the corporations than for the rest of us. I’m still of that view.

Is it possible that the biggest change that is now taking place is in the name itself, from NAFTA to USMCA- perhaps done so that Trump can boast that he delivered on his promise to get rid of NAFTA? A number of commentators on both sides of the CanAm border have written, in the words of John Ibbitson in the Globe and Mail, that the USMCA is “essentially the old NAFTA tilted more in America’s favour.” Is that all there is?

Firstly it’s quite a tilt – like the US keeping a special tariff on aluminum and steel from Canada, on the grounds, believe it or not, of national security. Talk about absurdly fake facts.

Let’s go back to the beginning in the late 1980s. US and Canada had just signed the Free Trade Agreement when, with the ink hardly dry, the US insisted on adding Mexico. We thought we’d made a one-on-one deal, a special arrangement that got us inside what our government thought, wrongly as it turned out, was a rising tide of American protectionism, which has now happened a quarter of a century later, and we waited almost a year to join this new round of negotiations. This initial lack of enthusiasm has not stopped us, from that time forward, peddling the praises of NAFTA  and fighting hard to keep it.

If we didn’t know it before we now do: that trade agreements go way beyond trade in their breadth of corporate rights making it hard to judge which side of ordinary people gets the net advantage. And we’re also learning, at least in the case of Brexit,  that abrogation, untangling it all, is hard to say the least.

Should Canada at some point – and not simply as a negotiating position – have left the table never to return?  To come down to earth, recall that Trump said that without an agreement he would impose a 25% tariff on cars made in Canada entering the US. The consequences would have been simply devastating, beyond contemplation, for southern Ontario, for Canada’s industrial  base. Significantly, Jerry Dias, President of Unifor, thinks the deal is good enough. It will push up car prices, but that will lessen carbon emissions.

Ibbitson goes on to write that the message from all this is “the mother of all wake-up calls for Canada to diversify.”  We’ve got too many eggs in the American basket and have to diversity our trade beyond the American market. That may strike y0u as a no-brainer. But what is being said is that, one trade agreement having failed us, we should sign on to more. Which is what we are already doing.

Methinks that is the wrong lesson. The whole vast apparatus that passes under the name of globalization has gone too far. We need less reliance on trade, not more.  We need to strengthen our domestic economy so it plays a bigger role in generating jobs and incomes.

Lest that sounds like whistling in the dark, it isn’t. Most economists admit that globalization has increased inequality within economies. In this regard, less globalization is of itself a good thing. What is likewise in order is active policies, like real rather than fake American-style tax reform, to increase equality within Canada and thereby the demand for goods and services.

One more point. Too much trade means too many goods being transported too far which means too much carbon emitted which means too much climate change which threatens to get us all. I’m too old to do the arithmetic, but diversifying Canadian trade reliance away from the US next door could be a mistake.