• dakanektr [he/him, he/him]
    ·
    3 years ago

    Biden needs to recognize that expanding economic interdependence among his allies is a geostrategic imperative. He should offer Europe a comprehensive free-trade deal to bind the West together; it could be a slightly remolded version of the rejected Transatlantic Trade and Investment Partnership, based on regulatory convergence (under which a product safe to sell in the EU is safe to sell in the U.S., and vice versa). He should also join CPTPP.

    How the fuck would this work??? Europe will not accept the absolute dogshit consumer protections afforded to the USA. Americans cannot be expected to lose access to yummy Blue #5. Incompatible.

    It is not difficult to imagine Europe or democratic Asia signing up for these sorts of pacts, given the shock of Putin’s aggression and their fear of China. Biden’s problem is at home. Why should the Democratic left accept this? Because, Biden should say, Ukraine, China and America’s security matter more than union votes.

    :why-angel:

    The U.S. president’s first job is to protect his country. Biden is old enough to remember that the United States won the last Cold War peacefully because it united the free world behind it. This is the way to win the next one peacefully as well. Put together the free world’s economic potential — the EU, North America, Latin America’s biggest economies and the democracies of Asia — and it can do more than see off the autocracies; it can pull them toward freedom.

    .....

    Biden should pursue a two-stage strategy: First, deepen economic integration among like-minded nations; but leave the door open to autocracies if they become more flexible. China could be wooed toward freedom. But nothing will improve unless Biden first glues together the free world. That means freer trade — and the sooner he tells his party that, the better.

    GOD THEY HAVE ONE AND EXACTLY FUCKING ONE NOTE

    Biden can soften that message at home by adding a political dimension to his trade agenda. “Build back better” applies to globalization, too. A global new deal should certainly include a focus on making multinational companies pay their taxes, and the environment should be to the fore.

    I WOULD LIKE TO BUY A PLATITUDE

    But Biden should also talk about the true cost of protectionism in terms of higher prices, worse products and less innovation. Spreading economic freedom remains the best guarantor of both global and American prosperity: global prosperity because, for all its travails, the last 50 years of globalization have enriched most of the world;

    :doubt:

    • RedCoat [he/him]
      ·
      3 years ago

      China: Oh yea you can defiantly woo us towards freedom, we'll just need you to sell us a little more of that rope first then we'll be able to get right on it :wink: