Hello,
More of my philosophy about Globalization and nationalism..
I am a white arab, and i think i am smart since i have also
invented many scalable algorithms and algorithms..
Read the following article about economic nationalism:
Rise of Economic Nationalism and Its Implications
https://www.lewisu.edu/experts/wordpress/index.php/rise-of-economic-nationalism-and-its-implications/
Notice that it says the following:
"Countries benefit with cooperation between countries to mutual benefit, becoming too nationalistic at the expense of its partners is
counterproductive. It is an approach that creates conflict. Being more nationalistic tends to be a zero sum game in an increasingly
interdependent world economy, where countries depend on other countries
for their economic and political and national security well being. When companies cooperate, they can become more competitive. When they are
more competitive, they hire more workers, pay higher salaries, and
otherwise contribute to economic growth. Economic nationalism is a bad
policy."
And now about Global optimization since i am talking about it below:
Global optimization is distinguished from local optimization by its
focus on finding the minimum or maximum over the given set, as opposed
to finding local minima or maxima.
So as you are noticing that economic nationalism and nationalism are
like an optimization or local optimization that lacks on global
optimization, so it is not a good optimization, since it lacks on
collaboration or it lacks on cooperation that permit you to become
competitive. This is the kind of optimization that i am talking about
below when i am talking of Donald Trump and his governance that is
nationalism that lacks on global optimization, also you have to know how
to achieve long-term financial stability, it is also by not thinking
just the short-term by for example wanting to too quickly getting rich,
but it is also to think about the long-term by for example setting clear
goals and by being the right education that permits you to be
competitive, and this is also related to antitrust laws and
envirenmental laws and Minimum Wage Laws, so i invite you to read all my following thoughts so that to understand:
And here is what i said about Donald Trump governance and more:
Read the following interesting article to notice that Donald Trump
governance is nationalism:
'I am a nationalist': Trump's embrace of controversial label sparks uproar
https://www.usatoday.com/story/news/politics/2018/10/24/trump-says-hes-nationalist-what-means-why-its-controversial/1748521002/
Look at the following old history of Quebec FLQ crisis in Canada, and
notice that FLQ were "nationalists" in Quebec:
https://en.wikipedia.org/wiki/Front_de_lib%C3%A9ration_du_Qu%C3%A9bec
And look at the following video about this crisis brought by Quebec nationalists in Canada:
OCTOBER CRISIS OF 1970 QUEBEC - FLQ
https://www.youtube.com/watch?v=pF7s6pir_gI
So as you are noticing that Canada was a country that was
like a form of a "miniature" Globalization, compared to the actual Globalization, that had to transcend nationalism, and i think
that prime minister Joseph Philippe Pierre Yves Elliott Trudeau of
Canada was a visionary that has seen the benefits of the our today model
of like seeking a balance between competition and collaboration or
cooperation of our today Globalization so that to be competitive, so as
you are noticing that nationalism brought problems and was lacking in efficiency, i think USA is having the same problem with Donald Trump
that is a "nationalist" that is creating problems like the old
nationalist FLQ of Quebec, i think that Donald Trump governance was like archaism of nationalism.
And read the following:
"The Republican Party is also overwhelmingly against Mr Trump on tariffs
- they're big supporters of free trade."
Trade wars, Trump tariffs and protectionism explained
Read more here:
https://www.bbc.com/news/world-43512098
"For many economists, however, the trade deficit has been scapegoated,
and they argue that the trade deficit is not itself a problem for the
U.S. economy. That’s because a larger trade deficit can be the result of
a stronger economy, as consumers spend and import more while higher
interest rates make foreign investors more eager to place their money in
the United States."
"The Peterson Institute’s Hufbauer counsels, it is better to recognize
that the trade deficit is neither all good or all bad, but rather
consists of trade-offs: the U.S. economy benefits from foreign goods and investment even as a high deficit displaces some workers and adds to the national debt."
The U.S. Trade Deficit: How Much Does It Matter?
Read more here:
https://www.cfr.org/backgrounder/us-trade-deficit-how-much-does-it-matter
Also I invite you to read the following interesting paper:
Competitiveness, innovation and productivity, clearing up the confusion:
https://www.nist.gov/system/files/documents/2017/05/09/2013-competitiveness-innovation-productivity-clearing-up-confusion.pdf
More philosophy about capitalism and globalization..
I have just read the following:
Make UK world's most competitive economy by 2030, CBI urges Government
https://www.independent.co.uk/news/business/news/cbi-government-uk-economy-most-competitive-2030-carolyn-fairbairn-a7687401.html
And notice that it says the following:
"It is paramount that the Government prioritises innovation.
“Our competitive advantage depends on our ability to develop and commercialise new ideas as well as the ability of businesses to adopt technology and become more productive,” the organisation writes.
So as you are noticing that it is an "abstraction" of what must be a competitive economy in UK.
And read the following:
Where does innovation come from?
Read more here:
https://lemire.me/blog/2011/10/05/where-does-innovation-comes-from/
Thank you,
Amine Moulay Ramdane.
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