we don't like globalism, but apparently we don't like nationalism either.

How about industrialism? Do we like that?

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Discussion

Localism

localism is fine for food a small scale services, but we need to manufacture things to bring wealth to our regions.

Industry takes place in a locality. So wherever can build useful things competitively will bring wealth to that region / locality.

One idea I’m absolutely in love with is a world with no fiat currency exchange rates to arbitrage. It would kill globalism immediately and make industrial production a level playing field again.

Industry starts locally, but it almost always requires resource input from diverse places. "I Pencil" does a great job of illustrating this effect. Industry needs a cooperative perspective where different regions contribute to industrialization in unique ways determined by their resources and skill sets.

What we want to see is for those relationships be protected and nurtured and not impacted by inputs from distant locations. Free trade pulls money away from regional producers to cheaper, lower quality distant producers, creating pockets of nearby insufficiency and insecurity, i.e. the rust belt.

Agreed, but there are other things that can be arbitraged, though, such as the cost of labor or the cost of commodity extraction, which in my view, is why limits to entry need to be established.

Most people's belief system seems to change with the wind... or at least be very shallowly rooted.

We need to build things... I vote industrialism. And I'm sad to say this, but I think I'm OK with the US fracturing into smaller nations. I question whether the experiment is tenable at this point in its evolution.

I think I am ok with this as well, as long as those smaller units still cooperate economically and as needed for security.

I think it's more likely that if the US fractures, though, a new power base will form around Texas and will look south rather than E-W.