Trump cites the fact that U.S. industrial capitalism has drastically shifted the locus of its investments, innovations and profits overseas as an example of globalization's negative effects.
For two decades many politicians and pundits have bemoaned the loss of well-paid jobs and stable local industries as part of their campaign rhetoric or in public meetings, but none have taken any effective action against these most harmful aspects of globalization.
Trump denounced them as
"all talk and no action" while promising to end the empty speeches
and implement major changes.
His economic strategy of prioritizing U.S. industries is an implicit critique of the shift from productive capital to financial and speculative capital under the previous four administrations.
His inaugural address attacking the elites who abandon the 'rust belt' for Wall Street is matched by his promise to the working class:
Trump's own words portray
the ruling class 'as pigs at the trough'. (Financial
Times, 1/23/2017, p. 11)
He has repeatedly
criticized the mass media and politicians' mindless promotion of
free markets and aggressive militarism as undermining the nation's
capacity to negotiate profitable deals.
This was first documented in the meat packing industry, followed by textile, poultry and construction industries.
Trump's proposal is to limit immigration to allow U.S. workers to shift the balance of power between capital and labor and strengthen the power of organized labor to negotiate wages, conditions and benefits.
Trump's critique of mass
immigration is based on the fact that skilled American workers have
been available for employment in the same sectors if wages were
raised and work conditions were improved to permit dignified, stable
living standards for their families.
He argues that previous U.S. presidents have signed multi-lateral agreements, to secure military alliances and bases, at the expense of negotiating job-creating economic pacts.
His presidency promises to change the equation:
Immediately upon taking
canceled the Trans-Pacific Partnership (TPP)
and convoked a
meeting with Canada and Mexico to
However, by prioritizing
the use of American-made construction material and insisting on
hiring only U.S. workers, his controversial policies will form the
basis for developing well-paid American jobs.
This resonated with a huge sector of the working class and was spoken before an assemblage of the very architects of four decades of job-destroying globalization.
'Carnage' carried a double meaning:
The last fifteen years of political leadership spread domestic carnage by allowing the epidemic of drug addiction (mostly related to uncontrolled synthetic opiate prescriptions) to kill hundreds of thousands of mostly young American's and destroy the lives of millions.
Trump promised to finally address this 'carnage' of wasted lives.
Unfortunately, he did not hold 'Big Pharma' and the medical community responsible for its role in spreading drug addiction into the deepest corners of the economically devastated rural America.
Trump criticized previous
elected officials for authorizing huge military subsidies to
'allies' while making it clear that his critique did not include
U.S. military procurement policies and would not contradict his
promise to 'reinforce old alliances' (NATO).
We will discuss and
compare the accounts published by 'garbage journalists (GJ's)' and
present a more accurate version of the situation.
In fact, Trump has repeatedly stated his intention to increase international trade. What Trump proposes is to increase U.S. world trade from the inside, rather than from overseas. He seeks to re-negotiate the terms of multilateral and bilateral trade agreements to secure greater reciprocity with trading partners.
Under Obama, the U.S. was
more aggressive in imposing trade tariffs that any other country in
The U.S. will become more selective in its imports.
Trump will favor the
growth of manufacturing exporters and increase imports of primary
commodities and advanced technology while reducing the import of
automobiles, steel and household consumer products.
In fact, vast changes have already rendered the old order obsolete and attempts to retain it have led to crises, wars and more decay.
Trump has recognized the
obsolete nature of the old economic order and stated that change is
Only after a period of
prolonged recovery did Germany and Japan carefully and selectively
liberalize their economic policies.
China has been
transformed from a collectivist economy, isolated from world
trade, into the world's second most powerful economy, displacing the
U.S. as Asia and Latin America's largest trading partner.
Instead of recognizing, adapting and accepting shifts in power and market relations, they sought to intensify previous patterns of dominance through war, military intervention and bloody destructive 'regime changes' - thus devastating, rather than creating markets for U.S. goods.
Instead of recognizing China's immense economic power and seek to re-negotiate trade and co-operative agreements, they have stupidly excluded China from regional and international trade pacts, to the extent of crudely bullying their junior Asian trade partners, and launching a policy of military encirclement and provocation in the South China Seas.
While Trump recognized
these changes and the need to renegotiate economic ties, his cabinet
appointees seek to extend Obama's militarist policies of
When reality finally took root, previous U.S. administrations increased their meddling among the Soviet Union's former allies and set up military bases and war exercises on Russia's borders.
Instead of deepening trade and investment with Russia, Washington spent billions on sanctions and military spending - especially fomenting the violent putchist regime in Ukraine.
promoting the violent seizure of power in Ukraine, Syria and Libya
were motivated by his desire to overthrow governments friendly to
Russia - devastating those countries and ultimately strengthening
Russia's will to consolidate and defend its borders and to form new
It remains to be seen whether Donald Trump will retain a 'show' of submission to the Zionist project of an expansionist Israel while proceeding to include Iran as a part of his regional market agenda.
The Garbage Journalists claim that Trump has adopted a new bellicose stance toward China and threatens to launch a 'protectionist agenda', which will ultimately push the trans-Pacific countries closer to Beijing.
On the contrary, Trump
appears intent on renegotiating and increasing trade via bilateral
Nevertheless, unlike Obama, Trump will re-negotiate economic and trade relations with Beijing - viewing China as a major economic power and not a developing nation intent on protecting its 'infant industries'.
Trump's realism reflect the new economic order:
Trump, the realist,
recognizes that China offers great opportunities for trade and
investment if the U.S. can secure reciprocal agreements, which lead
to a more favorable balance of trade.
The negotiations with the
Chinese will be very difficult because the U.S. importer-elite are
against the Trump agenda and side with the Beijing's formidable
export-oriented ruling class.
These charges by the garbage journalists are baseless.
Trump does not oppose U.S. economic imperialist policies abroad. However, Trump is a market realist who recognizes that military conquest is costly and, in the contemporary world context, a losing economic proposition for the U.S..
He recognizes that the
U.S. must turn from a predominant finance and import economy to a
manufacturing and export economy.
...and especially in defeating the terrorist threat of ISIS.
He sees China as a
powerful economic competitor, which has been taking advantage of
outmoded trade privileges and wants to re-negotiate trade pacts in
line with the current balance of economic power.
His cabinet appointments and his Republican colleagues in Congress are motivated by a militarist ideology closer to the Obama-Clinton doctrine than to Trumps new 'America First' agenda.
He has surrounded his
Cabinet with military imperialists, territorial expansionists and
What is clear is that the liberals, Democratic Party hacks and advocates of Little Mussolini black shirted street thugs will be on the side of the imperialists and will find plenty of allies among and around the Trump regime.