Political stalemate frustrates the public while elite politicians remain unaffected, prioritizing their interests over citizens’ struggles.
One Nation Under Elitists’ Rule
One Nation Under Elitists’ Rule
Tag: Protectionism
“Of course people are going to be laid off because of this”: US autoworkers react to the launch of Trump’s global tariff war
Within hours of the imposition of President Trump’s sweeping tariffs against the world, the impact was felt by autoworkers in North America, with the announcement of thousands of layoffs by Stellantis at plants in the United States, Canada and Mexico.
China banned sale of these minerals to the U.S. It matters to all of us
China banned sale of these minerals to the U.S. It matters to all of us
The ban will challenge many semiconductor manufacturers in the coming months. After two years of flat consumer demand, exacerbated by the global semiconductor shortage, many companies are predicted to struggle to stay afloat. Access to critical raw materials like gallium, germanium, and antimony is becoming increasingly important due to the heightened demand for electronics due to AI.
Read More »
Marx/Engels: On the Question of Free Trade
Karl Marx, On the Question of Free Trade
To him, Free Trade is the normal condition of modern capitalist production. Only under Free Trade can the immense productive powers of steam, of electricity, of machinery, be full developed; and the quicker the pace of this development, the sooner and the more fully will be realized its inevitable results; society splits up into two classes, capitalists here, wage-laborers there; hereditary wealth on one side, hereditary poverty on the other; supply outstripping demand, the markets being unable to absorb the ever growing mass of the production of industry; an ever recurring cycle of prosperity, glut, crisis, panic, chronic depression, and gradual revival of trade, the harbinger not of permanent improvement but of renewed overproduction and crisis; in short, productive forces expanding to such a degree that they rebel, as against unbearable fetters, against the social institutions under which they are put in motion; the only possible solution: a social revolution, freeing the social productive forces from the fetters of an antiquated social order, and the actual producers, the great mass of the people, from wage slavery. And because Free Trade is the natural, the normal atmosphere for this historical evolution, the economic medium in which the conditions for the inevitable social revolution will be the soonest created – for this reason, and for this alone, did Marx declare in favor of Free Trade.
Read More »
Trump team mulls Mexico “invasion” amid crushing tariff threats
IMF warns against tariffs: They make the country’s residents ‘poor’
Beware of War Hawks in “America First” Clothing
For the past eight years, the two major political parties have been gripped by a messy and ongoing realignment. It began with the election of Donald Trump in 2016, which was a major repudiation of the neoconservative-establishment coalition that had dominated the Republican Party since the presidency of George W. Bush.
Related:
The Return of Peace Through Strength: Making the Case for Trump’s Foreign Policy
Trump Frees Himself From Bolton – but Robert O’Brien Will Be Just as Bad
New national security adviser recently considered war to free prisoners in Iran
The Scramble for Indonesia w/ video clips and notes
China Forges Ahead Amid Challenges and Shifting Global Dynamics
This article presents a critical analysis of navigating headwinds and seizing opportunities in China’s economic crossroads, based on Yaroslav Lissovolik’s blog.
China Forges Ahead Amid Challenges and Shifting Global Dynamics
China vs. the US: shipbuilding, subsidies, and the Jones Act
Hypocrisy thrives where double standards prevail.
Earlier, I stupidly tweeted out an article about the Jones Act and shipbuilding and Colin Grabow, from the Cato Institute, liked it (he was quoted in the article). I looked him up and decided to listen to this video on the shipbuilding competition between China and the US, where he and a lawyer for United Steelworkers were on the panel. China is eating their lunch, and it’s the ruling elites’ own fault, yet they scapegoat China for it. The double standards over China’s “unfair economic practices” AKA the subsidizing of their shipbuilding industry irritates me (liars irritate me even more). States give subsidies, grants, and tax breaks to corporations, all the time. Fincantieri Marinette Marine is just one example, but Wisconsin had done the same for Foxconn. Foxconn received tax breaks and $3B in subsidies, which was “the largest ever subsidy provided by a state to a foreign company”, despite not living up to their promises.
Colin Grabow wants to end the Jones Act. I’ve made at least three video clips regarding the Jones Act, two with Sal Mercogliano from What’s Going On With Shipping and one from the government-funded CSIS (I’ve posted them, below). Spoiler alert: Sal says that the problem isn’t the Jones Act. Meanwhile, both CSIS and the Cato Institute (part of the Atlas Network) blame the Jones Act. Deregulation is a wet dream of big corporations (which fund both the Cato Institute and CSIS).
Read More »
Ms. Cat’s Chronicles 
You must be logged in to post a comment.