

It Could Happen Here Weekly 180
May 3, 2025
Dive into the fascinating dynamics of a controversial Canadian election, where shifting voter sentiments and key figures like Trudeau and Carney shape the landscape. Explore the collapse of the old economy, the complexities of international trade, and the rise of nationalism. The podcast delves into anarchism as a possible antidote to current political systems, contrasting it with cosmopolitan ideals. Plus, enjoy a humorous critique of media narratives through the lens of the popular series Andor, paralleling rebellion themes with real-world challenges.
AI Snips
Chapters
Transcript
Episode notes
Death of Old Economy
- The old global economy based on U.S. manufacturing dominance is dead, dismantled by structural changes and recent policies.
- The emerging economic order is uncertain and chaotic, with no clear new model yet established.
Reagan vs Trump Economic Strategies
- Reagan's economic policies temporarily revived American manufacturing by manipulating currency values and interest rates.
- However, unlike Trump, Reagan's approach was strategic and created a capitalist ideological framework for the economy.
Tariffs Driven by Nationalism
- Trade wars and tariff policies are driven by ideological nationalism, not sound economic strategy.
- These policies hurt global supply chains and cause widespread economic suffering, especially outside the U.S.