Bulletin n. 1/2017 | ||
June 2017 | ||
Mason J.W. |
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A Cautious Case for Economic Nationalism | ||
in Dissent , Spring 2017 , 2017 | ||
The term “global capitalism” expresses a contradiction. Sovereignty, democracy, and economic regulation are national but, as we are constantly reminded, the economy is global. Elite opinion replies without hesitation: International trade and foreign investment work, thanks to the magic of the market. It’s national governments that are old-fashioned, obsolete. Globalization is a fact. If it limits space for political control of the economy, so much the better. [...] | ||