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" ... Blockade is an ancient strategy. Surround your enemies. Starve and impoverish them. ... "
" ... The Soviet Union went on to survive many crises, including early revolts and uprisings, as well as a bitter leadership contest to succeed Lenin, who died in 1924. The victor was Joseph Stalin, to the great tragedy of the Russian people, including most of those who supported him. The U.S.S.R. never ceased to murder, oppress, and impoverish its people, but survived until Christmas 1991, when Soviet leader Mikhail Gorbachev resigned. The next day the Soviet flag was lowered from the Kremlin for the last time. ... "
" ... This is not, of course, to endorse anything that Donald Trump might have said nor be planning. But from an economic point of view, which is the point of view that we take around here in this little part of this site, he just isn't left wing enough to be a Fascist. True, there were a number of fascist regimes and they didn't all follow exactly the same economic policies. What Juan Peron and followers did to impoverish Argentina was rather different from what Mussolini did in Italy and Salazar in Portugal, Franco in Spain tried to do. Those latter two were rather more concerned with maintaining a Catholic polity than much else. And of course the Nazis were sui generis, it's almost unfair even to compare fascists to them. But there still were over arching similarities in those various approaches to the general running of an economy. And the similarities are not to anything at all resembling current right wing or even conservative orthodoxies. The similarities are to the policies advocated by a rather different point of the economic and political compass of today. ... "
" ... To me, globalization is the search for a new plantation, and cheaper labor; globalization means that, by outsourcing, it is possible to impoverish an American community to the point where it is indistinguishable from a hard-up town in the dusty heartland of a third world country. ... "
" ... Using the threat of tariffs to force companies to relocate production to the U.S. from Mexico might please American workers, but it will not bring back the majority of their jobs. It will merely impoverish Mexicans even more. Despite its relative poverty, Mexico is America's third largest export market, largely due to NAFTA: deliberately impoverishing Mexico in the hope of reshoring jobs and closing a trade deficit would be a pretty counterproductive strategy, since it would inevitably result in reduced exports to Mexico. But renegotiating NAFTA is in everyone’s interests. It is indeed a terrible trade deal. ... "