Restrictions on Commerce
Nation-state tariffs and/or economic policies that favor people of one nation-state over another are prejudiced. Elected representatives often proselytize about the glorification of workers in their nation-state vs. workers in other nation-states. This falsely depicts international trade as a zero-sum game; one nation wins, one nation loses. The truth is that regions of the globe are at different stages of economic maturity, and that transitioning industries from one part of the globe to another is a long-term benefit for all parties.
Politicians utilize an “Us versus Them” (UVT) rhetorical strategy in the context of trade to ignite passion in a disenfranchised segment of the population; “They are taking your jobs.” Whether these strategies are used by enterprising politicians to gather votes, build a personal political brand, or are made from genuine ignorance, blaming people of another race for economic stress is unproductive and prejudiced. Why should workers of one nation-state be regarded as more important than those of another? This portrayal masks the underlying phenomena of different stages of economic maturity and does little to help those who have lost their jobs. At the root of this theology is that people of their nation-state are better, or more important, than those of other nation-states. This practice is a masked form of commercial racism and should be put to an end. Let us end Us Versus Them. #ENDUVT
Protectionism Destroys Prosperity
Economic protectionism (also referred to as tariffs), trade-war policies, or any obstacle to free trade is estimated to cost the global economy hundreds of billions of dollars annually. Stated differently, nation-state economic policies destroy prosperity by enacting selfish rules of trade. As mentioned previously, trade is not a zero-sum game; all parties benefit in the long run when trade is unrestricted.
The nation-state system encourages trade wars by artificially segmenting the global population into “nations” that compete against one another for economic dominance. The “glory of the nation” model is stale—leftover from the age of kingdoms—and should not be the go-forward model for Civilization 5.0. We should strive to evolve and educate workers rather than protect industries that are better suited for other parts of the globe in a different stage of economic maturity.
Prosperity evaporates with every tariff dollar collected; let us topple this ancient regime. Kill tariffs to unlock trillions of dollars of economic growth and prosperity while ending commercial racism.
Source: Global Trade Liberalization| https://www.imf.org/external/np/exr/ib/2001/110801.htm#ii