With Trumps tariffs being in the news these last few months, I've been asking myself: are there any benefits of Economic Protectionism? Libs tell us that they're nearly always bad, but is it true? Or does protectionism bring benefits economically?
>>2294358Indeed, historically the socialist country's response was a dialectical negation of both: The state monopoly on foreign trade.
Foreign trade was neither protected nor left to its own devices, but instead carefully managed according the needs of the current plan.
>>2294380Read Vo Nguyen Giap of Viet Nam:
>It was at a time when capitalism was passing into the stage of imperialism that Lenin set forth his famous new thesis that socialism cannot be simultaneously successful in all countries but it will first succeed in one or a certain number of countries. At the same time, with the new theory on the leadership of the proletariat in the bourgeois democratic revolution and the transition from this revolution to the proletarian revolution, Lenin and the Russian Bolshevik Party worked out the military programme of the bourgeois democratic revolution and the socialist revolution in Russia. Lenin underlined the necessity of building up the military organization of the proletariat in the new historical conditions:https://www.marxists.org/archive/giap/works/1975/to-arm-the-revolutionary-masses/ch01.htmSo it is not irrelevant to talk about the policies of individual nations. Marxists are historical materialists. Marxists watch closely both the pre-revolutionary and post-revolutionary countries for signs of change. You have to examine every variable from multiple standpoints, and not just look at it as an isolated category, but as a thing in flux with other things.