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" ... China is, of course, the most current and the largest example of the East Asian success story. But is China the last country to get on the bus of rapid industrialization and development through labor intensive and export-oriented manufacturing? Fan sees today dark clouds gathering on the horizon. Technology may be eroding the power of manufacturing in driving rapid industrialization. It could become a thing of the past as robotics and artificial intelligence become more capable and cost effective in replacing workers. This could mean the closing of this well-trodden path of rapid industrialization for developing countries, especially in Africa. At the same time, the developed countries of the West are becoming less tolerant to chronic trade deficits with emerging markets. Responding to the rise of nativist nationalism, many Western countries are trying to “tighten” the rules of the WTO to eliminate exemptions previously available to low income developing countries. Furthermore, the demand from many Western human rights NGOs that developing countries should abide by the same labor standards in the West would effectively wipe out their comparative advantages, which is equivalent to erecting trade protectionism under the guise of human rights, even if it means plunging tens of millions of workers in low income countries into unemployment. ... "
" ... In fact, Japan turned into an amalgam of nativist (Shinto) emperor-worship ideology with Western institutions, especially military: the modern Japanese army was modeled on Germany's and the navy on Britain's. ... "
" ... The multiple transformations of the market’s perception of D. Trump have been stunning. The 45th president was initially feared as a firebrand populist with a harmful nativist agenda. This perception brutally shifted on the night of November 8th when S&P 500 futures reversed catastrophic losses to open higher the next morning. In the ensuing three months, Trump was perceived as a Reagan-like figure who would unleash a new era of American growth. Perceptions shifted again following inauguration day: hopes of tax cuts, deregulation, and infrastructure spending faded, but markets rallied in the reassurance that the President would not take any meaningful protectionist measure. Increasing chaos in the White House this summer has resulted in yet-another narrative: a weakened President cannot mess things up, and a Pence presidency sounds good for the economy. The market rallies on good and bad news. ... "
" ... Throughout history, both have existed. Voices of light, compassionate, "care for the least of these" principles are at the core of most faith-based traditions. Voices of dark manipulate fear-based, xenophobic, nativist “us/them” suspicions. Light and dark. Love and fear. Restorative versus retributive justice. We each hold these and other dichotomies within ourselves. What will you choose to amplify, and how do you transcend the process of “othering”? ... "