All too often, people accept the state-sponsored "solution" to a perceived problem as the logical choice. But this "solution" really is a non sequitur.
Imposing sanctions will advance the reach of surveillance capitalism while strengthening the power of states to control the financial system overall. The end result will be a lower standard of living and a less free economy.
In many ways, the liberal democracy that had its roots in nineteenth-century liberalism seems to have run its course. Can we revive it, or does something more authoritarian take its place?
Trade war means increasing the debt, eroding the public confidence, raising prices, and burdening the economy with interventions. All of it done in the name of the "public good."
People often react to sudden price changes by demanding that government "do something" to bring prices down. It is important to understand the mentality behind such beliefs.
By declaring information in the public domain to be a "state secret," the US Supreme Court has proven that logic is no object when one twists the law like a pretzel.
