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Old 08-29-2018, 07:39 PM   #2588
sebastian_dangerfield
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Re: Ian Bremmer

Quote:
Originally Posted by Tyrone Slothrop View Post
Bold words are mine.

1. Protectionism doesn’t work;

That depends on what "work" means. If you are less worried about the economy as a whole and more about the health of certain American industries -- autos, steel, coal -- then what Trump is trying seems to be "working".

2. Expect a lot more protectionism;
3. Globalism as currently practiced increases inequality exponentially;

The phrase "as currently practiced" has more to do with domestic politics than with economic arrangements. The Nordic countries have economies that are well-integrated with the global economy and also have social programs that tax the well-off to provide services to everyone, reducing inequality.

4. Winners in globalism don’t care and won’t do anything to change the system providing them such a huge windfall;

Duh. There are multiple games going on at once, and some are zero-sum.

4. Trump is a demagogue we should have seen coming a decade ago;

5. Cultural civil wars are going to take place in every nation as a result of inequality;

Not seeing this. Why does inequality drive cultural civil wars?

6. Lesser developed nations are going to face awful circumstances in the battle between globalism and nationalism/protectionism;

Why worse than the last 50 years?

7. Developed nations will have it a bit better, but not much;
8. Automation and environmental crises are imminent gas on the fire in re: 1-8;
9. We’ll need radical policies like UBI to face a future where 50% of jobs are gone;

Why are 50% of the jobs going to be gone?

10. The current political squabbles focusing on individual leaders and social policy differences between the parties are robbing us of time and resources better spent on serious solutions to the crises;

No kidding. Some games are zero-sum, and they complicate the non-zero-sum games.

11. Our political systems are hopelessly dysfunctional and pretty much co-opted by small politically connected or wealthy interests.

Sounds like they are not "dysfunctional" from the perspective of small, politically connected or wealthy interests.
Read the book.
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