By Johan Galtung
Two closely related points, as a starter.
This column has argued Lifting the Bottom Up as economic approach in all weathers, bad, fair, good, to mitigate any suffering, and for them to enter the economy as producers and consumers, not as “cases”.
This column has also argued judging Trump not by his poisoning words, nor by commentators’ words, but by his deeds. White-male-workers-no college is not the US bottom, but they were heading down. Now lifted up the Trump way, by keeping/bringing back industry to the “Rust Belt”. Ford Motor Company just did that, GM may be next.
If outsourcing to Mexico – under the euphemism “trade” served poor Mexican workers, maybe–but it serves rich elites in both countries.
45 percent tariff on Chinese goods: a non-starter. US homes are filled with affordable “Made in China”. To de-industrialize was US stupidity; to re-industrialize will take time. Keep what is, bring back what was. Other countries may learn from Trump and not trade themselves away.
The general 2017 world economic outlook is bad. Key problem for the West: industry is now also in the hands of other countries to meet their demands and for exports (Chindia). How could that happen? Because:
Economists have a Theory I of diachronic stages, from primary via secondary to tertiary sectors, agriculture->industry->services. Time for services has come, domestically, and as export to import food and manufactures. TI promotes trade; but makes societies vulnerable if trade fails, and may cause huge primary-secondary sector unemployment.
Hence, alternative Theory II: synchronic co-existence of sectors, at state-provincial-local levels. Each sector is a way of life that appeals to different persons or to the same person at different stages. TII promotes self-reliance–not self-sufficiency, filling gaps with trade–high employment if automation is controlled and not seen as a law of nature, personal enrichment, and protection of nature.Read More »




