Opinion (from PR Newswire): “Business executives around the world believe that protectionism is on the rise in both developed and emerging markets, according to a new Economist Intelligence Unit survey and report commissioned by UK Trade & Investment. …
“Ian McCartney, UK Trade Minister responsible for UK Trade & Investment, commented: ‘World trade has been one of the principal engines of global economic growth over recent decades, and increased protectionism risks putting the brakes on that growth. Globalisation should be seen as an opportunity, not a threat. Protectionism leads to less trade, lower growth and therefore lower employment and more poverty.’”
My Comment: There is no solution to this without rebuilding the world, or rather the human! Only a view of the world as a single integrated whole in which humanity produces only rational necessities, equally shares everything necessary for existence, is content with integral fulfillment, and feels a single integral space will lead the world out of the crisis. We feel the labor pains of the birth of a new, not individual, but integral attitude to the world. In the end, economic protectionism will lead to world wars.