Monday, June 13, 2011

Economic nationalism as the golden mean

Economic nationalism suggests that neither big government or big business rules, the golden mean between them rules.

That is, government protects the free enterprise system within the states of the nation, not only with protection from foreign imports, but protection from the influence and dominance of national or global business. Neither big government or global business can fairly and efficiently run the economic system.

Both the government and philanthropy get their money from the business world within the enterprise system, where else would the money come from? Government and philanthropy depend on the free economic system within the nation, which is why the economic system should be kept as free as it can be.

But the freedom is defined as a global fair trade freedom, not global free trade, where global business readily destroys the manufacturing base of a nation to enrich themselves.

We need to revitalize economic nationalism, which is how all nations originally gained power. We need to give the power back to the small states so that regionalism and localism, the most efficient level of operation, can flourish, and then we need to protect that freedom with the light federalism that the Founder's envisioned.

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