This is a superb post by David Glasner. It is one of those blogs which digs deep into history and philosophy of economic issues.
He says how American political circus stands for opposite things today. Earlier to be liberal normally meant the candidate supported free trade. Not any more. I just means the opposite actually. If you are liberal, you don’t support free trade!
In the run-up to, and immediate aftermath of, Hillary Clinton’s choice of Tim Kaine to be her running mate, one of the recurring comments was how unpopular Tim Kaine is with the liberals who supposedly comprise the bulk of Bernie Sanders’ supporters, and must somehow be coaxed, cajoled or persuaded to reconcile themselves with Kaine’s supposedly moderate centrist political views.
Here’s a typical description of Kaine’s liberal problem in the Washington Post:
Hillary Clinton has made her selection for vice president: Virginia Sen. Tim Kaine.
That will come as a disappointment to many liberals. After rallying behind Sen. Bernie Sanders in the Democratic primary and being teased with Elizabeth Warren as Clinton’s potential running mate — an audition that appeared to go very well — Clinton opted for a more boring, more moderate pick. This despite some liberal groups saying Kaine was unacceptable and even “disastrous.”
First, let’s run through why some liberals don’t love Kaine. Over at Wonkblog, Max Ehrenfruend details three issues on which Kaine could be a particular disappointment to the Warren/Sanders crowd: trade (he’s generally pro-free trade), banking (he has suggested softening some Dodd-Frank regulations) and abortion (he is personally pro-life but votes pro-choice).
So, according to this article, which I think accurately reflects the current understanding of what it now means to be a liberal in America, we have arrived at a state of affairs in which supporting free trade is sufficient justification for casting Tim Kaine out of the liberal fold. Or to make the point in a slightly different way, on international trade at least, Donald Trump’s views are more liberal than those of either Tim Kaine or Hillary Clinton.
In this crazy year of 2016, we have witnessed all kinds of farcical events that no one ever dreamed would actually happen. But for protectionism to now be identified as a defining tenet of liberalism surely belongs on any list of the improbable plot twists in the tragicomedy of an election campaign that we have been watching in disbelief in America’s political theater of the absurd.
Considered historically, the notion that you can’t be a liberal if you support free trade is nothing short of preposterous, the British Liberal Party having came into existence in the nineteenth century largely as a result of the great political battle over free trade in Britain in the 1830s and 1840s.
He goes into UK political history which got these two liberalism and free trade together. Now they just mean the opposite. As they say, anything can happen in politics. Never be surprised..