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Maybe we are (all of the west, including Europe and US) getting to the point where a new political division is looming. When both parties are split over something as fundamental as EU membership (or tariffs, in the US), maybe the platform planks that differentiate today's conservative and labour parties--or US republican and democratic parties--will be replaced with a different issue.

We might end up with "Free Trade" (or "globalist") and "Mercantilist" (or "Isolationist") parties, maybe.

by asdf on Fri Apr 5th, 2019 at 11:18:44 PM EST
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Happened in the US before the Civil War.  Every significant institution in the country, including both parties, split over slavery.  150 years later, we still haven't patched over it all.  I doubt we shall.  Personally, I believe there will be more blood.
by rifek on Sat Apr 13th, 2019 at 08:28:00 PM EST
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"Free Trade" (or "globalist") and "Mercantilist" (or "Isolationist") parties

This analogy for antagonism is incongruent.

All political parties organized in the USA ("assembled"  in confederation or federation of governments) advocate free trade, unimpeded or unrestrained commerce anywhere. Scope of market and commodity type traded is fundamentally irrelevant to agreement among members. This is the similarity in party polemic and business activities (liberalism).

"Mercantilism," for example, expresses one class of commercial enterprise. Briefly, this type of economic incorporation propounds precepts of private property rights and usufruct, ironically, taken together to control resource supply (anywhere) and means of production (anywhere) from which an enterprise's owner(s) realize profit ("value") by maximum exchange rate and volume.

"Capitalism" and "mercantalism" are expressions of one and the same ideology of commerce, embellished by technique over time; a neologism.

Dominant political parties in the USA differ only in advocacy of laws governing market participants anywhere: either centralized control (conservative liberal) or decentralized control (liberal liberal).

Diversity is the key to economic and political evolution.

by Cat on Mon Apr 15th, 2019 at 03:50:17 PM EST
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