Regulation is almost always counterproductive, whether it’s global or not. From Doug Casey at caseyresearch.com:
Rachel’s note: Regular readers know Doug Casey believes you can always bet on the government to do the wrong thing. Whether it’s the dangerous response to the COVID-19 pandemic, or overregulation abroad, government intervention often creates more problems than it solves.
And today, Doug discusses the dangers surrounding globalism… and explains why we actually live in a fascist system…
Daily Dispatch: Doug, we’d like to get your take on the question of “Globalist vs. Globalism.” Not so long ago, the right was in favor of embracing a global economy, in order to access cheaper labor and other benefits of outsourcing. Whereas the left was against that whole idea, as they wanted to be more protectionist in their local economy.
But now, to the average man at least, that seems to have flipped. Now the right seems to be more protectionist, and the left wants to be more global. Is that an overly simplistic take on things? What’s your view?
Doug Casey: Well, to start with, these are just labels that don’t really mean anything – other than deciding what variety of statism you want.
The truth is that individuals and companies should be able to trade with each other with absolutely no restrictions, interference, or comment of any type from governments. No quotas, no duties, no incentives… nothing.
Governments bring absolutely nothing to the party. It’s a sham, a myth, and a delusion that government acts in the interest of the country it controls. Government (and the people who control it) act in their own interests and those of their cronies. I’m sorry if that sounds harsh, and runs counter to what we were taught in grade school civics, or what sanctimonious Deep Staters like to repeat. But it’s the case with late-stage U.S. “capitalism.”
“Globalists,” “Globalism,” there’s barely any difference. It’s just busybodies deciding what products the real producers may or may not create, and what entrepreneurs can or can’t do. Saying one is good and the other is bad is the wrong way to look at it. It politicizes the question.
