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Hmmm... for the Trump economic advisor Stephen Moore the EU looks like a worrying socialist arrangement.... while for the Left in the UK, the EU is seen as a worryingly neoliberal arrangement.
These general political labels really don't seem to be doing the work they once did, do they?
@ChrisMayLA6 This is the truth!
If we only go by labels we would never have discovered the questions where we agree. I would have written you off as a socialist and you me as a libertarian, and we would have gone our separate ways.
yes, that's a really good point; our conversation is exactly what's possible when the labels are dispensed with
The problem is that in the 1980s a lot of the Left bought into a form of High Tory protectionism peddled by people like #WynnGodley.
Yes, the issue of protectionism on the left is an interesting one - there was a lot of interest in it especially around infant industry protection, drawing on historical models (which if I recall was Godley's position as well?).
The left have always had a problem with the international division of labour seeing both as a remnant of imperialism & as a mechanism to control/impoverish workers... while, the WTO *could* be used to address some of those issue, they hate the WTO too
@ChrisMayLA6 That may well have been where #wynngodley started. However by the early 1980s his colleagues argued for very high #tariffs across the board - for instance 70% on all imports of manufactured goods - actually higher than proposed currently in the #us ! They also claimed that this would reduce prices because fixed overheads would be spread over more output. This flabbergasted enough #labour people for the party to jettison gradually the so called #alternativeeconomicstrategy !
Ah, yes, I was out of (political) circulation in the early 80s (mis-spent early 20s and all that) so had forgotten that little but of history; thanks for the reminder