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I think that economic patriotism is the very foundation of a European vision. ↗
#european #foundation #i #i think #patriotism
Of course, in the United States, which at the time was a very young country, there were also class distinctions. They weren't as pronounced, but they quickly evolved as well. ↗
Our concerns about what we saw in Australia: an economy clearly tied to China has hitched its wagon to the tail of the tiger. In terms of the general complacency, what we heard over and over from investors and clients and potential clients is, 'yes, yes, there are some excesses, but the government will figure out a way.' ↗
As I wrote I began to see more strongly that there were inescapable analogies. You couldn't really live through the '80s without feeling how crass and distasteful some of the economic doctrines were. The slave trade is a perfect model for that kind of total devotion to the profit motive without reckoning the human consequences. ↗
