This, in turn, will help the United States remember a core idea that guided the country for its first 200 years-that trade policy is a form of antimonopoly policy and can be used to break the kinds of concentration that threaten U.S. officials should recognize that today’s monopolists have done what monopolists have always done, which is to strip out redundancies in order to reap profits, while exploiting dependency for power. Washington can start by acknowledging that most of the current problems can be traced to a single source: the concentration of control over production and communications in the hands of a few corporations and countries. The United States can begin to end these dangers today. Worse, they have played a role in the disruption of democratic debates and norms in the United States and Europe. They have led states to lose faith in the rule of law and in the intentions of longtime allies. But these clashes and government officials’ responses to them threaten far more than the world’s fragile international industrial and financial systems.
One result of these problems has been a surge in calls for governments to introduce protectionist measures, closely manage domestic industries, and pursue new visions of autarky.
#ANTI MONOPOLY HOW TO#
Nations are fighting over how to secure vaccines, how to divvy up the production of semiconductors, how to respond to China’s mercantilism and militarism, how to manage technology and information monopolists such as Facebook and Google, and even how to share the metals necessary to build the batteries for electric cars. More than 75 years after the United States began to build a system of liberal trade to help integrate the world around a vision of peaceful economic cooperation, many of the most vital international systems are failing.
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