"In the 18th century, there is a trade theory called mercantilism that posited something similar: Ship the goods out and keep the money in. It builds up industrial cartels that live at the expense of the consumer.
"In the 19th century, this penchant for industrial protectionism and mercantilism became guild socialism, which mutated later into fascism and then into Nazism. You can read Mises to find out more on how this works.
What's distinct about Trumpism, and the tradition ...
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