That’s the official reasoning even. They say it’s to make the “defense” industry more independent. And whether planned or not, it increases the likelihood of global war:
A similar thing happened in the lead up to the great depression and World War II: faced with a recession, the ruling class turned to protectionism with the Tariff Act of 1930. With the very high tarrifs, the recession worsened into the Great Depression until World War II saved the economy by enabling mass employment.
War is great for the capitalist class, if they want to win some time against an economic crisis, because it’s a way to have mass government spending without cutting into anyones profits. If value gets created by a not for-profit entity in any sector, profits go down, because businesses who need to make a profit can’t compete. Capitalists love war, because it only destroys value instead.
It’s the golden triple chance for profit: first accumulation by dispossession (taxes and austerity to finance the war effort flowing directly to weapons manufacturers), then imperialism (opening new markets, stealing resources), then restarting the production cycle (lucrative contracts for rebuilding efforts after everything is destroyed).
Leftists reaction to the tarrifs must be to shift organizing to focus more strongly on anti war efforts.
That’s the official reasoning even. They say it’s to make the “defense” industry more independent. And whether planned or not, it increases the likelihood of global war:
A similar thing happened in the lead up to the great depression and World War II: faced with a recession, the ruling class turned to protectionism with the Tariff Act of 1930. With the very high tarrifs, the recession worsened into the Great Depression until World War II saved the economy by enabling mass employment.
War is great for the capitalist class, if they want to win some time against an economic crisis, because it’s a way to have mass government spending without cutting into anyones profits. If value gets created by a not for-profit entity in any sector, profits go down, because businesses who need to make a profit can’t compete. Capitalists love war, because it only destroys value instead.
It’s the golden triple chance for profit: first accumulation by dispossession (taxes and austerity to finance the war effort flowing directly to weapons manufacturers), then imperialism (opening new markets, stealing resources), then restarting the production cycle (lucrative contracts for rebuilding efforts after everything is destroyed).
Leftists reaction to the tarrifs must be to shift organizing to focus more strongly on anti war efforts.