The Return of Geo-Economics.

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  • Author(s): Lind, Michael
  • Source:
    National Interest. Nov/Dec2019, Issue 164, p12-18. 7p.
  • Additional Information
    • Subject Terms:
      TRUMP, Donald, 1946-; NATIONALISM & economics; ECONOMIC policy; NATIONAL security; CONSUMER goods; INDUSTRIAL equipment
    • Abstract:
      The article focuses on U.S. President Donald Trump became the first president in living memory to explicitly promote U.S. economic nationalism, the wall that divided the national-security realists and the free-market economists was crumbling. Topics discussed include basis of military power is manufacturing, factories that produce capital goods or civilian consumer goods can be converted to produce weapons and concept of the security dilemma in the philosophy of economic nationalism is the idea of increasing returns to scale. It also mentions industrial interdependence is not a courageous step toward the utopian ideal of a borderless global market and a golden age of perpetual peace.