Counter-Cyclical Trade Policy -- An Essential Reform
"The ravages that globalization wreaked on our economy [Japan] have caused a sense of hopelessness about the future."
Tokyo Asahi Shimbun
Globalization is proving a disaster today, and for the First World in particular. The primary reason for this dismal result is that free trade policy only goes one way - into forcing more exports and imports whether we need or want them, and regardless of how much damage is done to domestic economies and the planet. What we have here is just another example of bad deregulation, on a global scale.
This forced interdependency means synchronized worldwide depressions and recessions -- itself an indication of our lack of domestic freedom. Thus, only those few countries free of WTO dictates retain the necessary domestic freedom from the current forced "free trade" regime to escape what has become a globalized carnage.