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Sunday, March 19, 2017

RE DK excerpt THE 1930S AND THE 2010S

 Not a favorable or hopeful comparison, the way I read it, although he does not draw such a conclusion. 

I will draw them for you.  My underlining and parenthetical remarks:

"Both coalitions were in part protesting long-term economic and cultural changes.(Not good at all.) 

 In the German case these changes included the growth of great retail chains like department stores, the development of world agricultural markets, and the disruption of currencies caused, ultimately, by the First World War. (All of these were bad for the West.) 

 The contemporary United States is at a completely different stage of development. (Not really.) 

Our small farmers and small shopkeepers ceased to be a political force decades ago, (Not good, but we were also exporting grain and beef back in the 19th Century only to Europe, which was the only poace which could afford it.)  

 the working class has been devastated by foreign competition, outsourcing, and automation, and service workers, not office workers, are the fastest growing part of our economy. (Not good, our own fault.) 

In addition, although both 1930s Nazis and today's Republicans rail against minorities, the immigrant presence in today's United States is much, much larger than the minority population of Germany in 1933.(Not a good thing at all.)

As a matter of fact, successive German governments had used high tariffs to insulate Germany from some of the impact of globalization for more than 50 years by the time Hitler took power, (Germany looks better. We had also used high tariffs and protectionism back in the 19th Century for industrial products, and it had worked beautifully. The Germans had actually copied us, Friedrich ListOf course, the South was for free trade, to sell cotton, etc., the North protecting its infant industries.) and the Nazis went even further in that direction by trying to create an autarchic German economy. (Good try. We never even tried, although our endowments actually made it feasible for us, not for them.)

The United States on the other hand has been moving towards freer and freer trade for about 80 years now, (Not good.) and it is very unclear whether Donald Trump will actually be able to change the role of trade in our economy to any significant extent.(Not good. Not feasible. Will lead almost immediately to global civilizational war.)

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