|
|
|
|
|
by AtlasBarfed
495 days ago
|
|
"Free market" has disappeared from right wing political discourse for decades now. It was used to get both achieve desired deregulation and simultaneously regulatory capture to attain cartel/monopoly status in almost all markets. The free trade era is definitely ending. I though Zeihan was nuts saying piracy and sea security would degrade back to mercantilist/privateer days, but it does appear that will happen especially with the Ukraine war showing littoral theater dominance of cheap drones. Also, free trade and free seas was predicated on the US needing oil. With shale oil, alt energy, and the rise of the EV, the strategic significance of oil will plummet over the next decade. Why have a dozen carrier groups? Why have three? |
|
"Disappeared for decades" is pushing it, but I'd give you "reduced in prominence for a decade" (e.g. since Trump's rise).
That said, "an uncritical embrace of the free market/free trade" is still a pretty common stance on HN.