The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to.. by Patrick J. Buchanan

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    The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to.. by Patrick J. Buchanan - Presentation Transcript

    1. The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to.. by Patrick J. Buchanan Nationalism Vs. Free Trade. Political pundit and two-time Republican presidential candidate Pat Buchanan is best known for his sharp-edged cultural conservatism. The Great Betrayal, however, is an economic manifesto that promotes what Buchanan calls economic nationalism. Buchanan believes that free trade serves the interests of Wall Street, not Main Street. Transnational corporations rake in huge profits, but ordinary Americans see few benefits. Instead, they suffer from free trades bad consequences: flat wages for workers, increased drug trafficking, and environmental deterioration. Markets should serve people, says Buchanan, not the other way around. The economy is not the country; the country comes first, he writes. Buchanan offers a protectionist political agenda--one that many
    2. modern conservatives may not like, but one that Buchanan says puts him in the fine tradition of Washington, Lincoln, and Theodore Roosevelt. A forceful polemic challenging elite economic opinion. -- John J. Miller Personal Review: The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to.. by Patrick J. Buchanan oncerning matters of commerce, why are foreigners eating our lunch? Because too many of America's business and governmental leaders believe in a free lunch, writes Patrick J. Buchanan in this valuable volume. Buchanan's pungent pen lays the fault for the deindustrialization of our country at the door of the U.S. government. While heckling globalist- minded businesspeople for their avarice and lack of patriotism, Buchanan's over-arching theme of realism echoes Bernard Mandeville - Greed cannot be rooted out but it can be properly channeled and the U.S. government, through its tax and trade policies, has the power to accomplish this. The preamble of the Constitution as well as the actions of America's founders (especially George Washington and Alexander Hamilton) brim with what Buchanan calls "enlightened" economic nationalism. One hopes the author doesn't mean "enlightened" in the same way George W. Bush uses "compassionate" when putting it before "conservatism." While establishment politicians and professional talking heads may recoil in horror, students of language will note that tariffs are assumed natural because nature is uneven. The words "customs" and "duties" testify that international trade restrictions and taxes are long-standing and considered just as well as obligatory. Consider also "political economy." Political implies communal consideration, reflecting Aristotle's definition of politics as people deliberating how best to order our lives together. Thus economics is not solely a private matter, author Buchanan, America's leading spokesman of populist conservatism, reminds us. Republicans need to rediscover their protectionist heritage dating back to Henry Clay and Abraham Lincoln for the good of the republic as well their own electoral success, our author states. Connecting with Middle America through traditional morality while doing the economic bidding of transnational corporations leaves voters cold and frustrated. By embracing free trade, Democrats are selling out their union backers as well as lower- income supporters such as blacks, Buchanan writes. In reviewing Republican trade history Buchanan meets personal as well as societal ironies (most dissolve into non-ironies if you subscribe to the view that the GOP has always been a big-government party). A staunch free-trader while serving presidents Nixon and Reagan, Buchanan began to revise his views after leaving government. Annoying questioning of religious and national commitments of free-traders by our author prompts the question: Was Pat Buchanan less of a Christian when he was a free-trader? My answer: No. He just happened to be duped by a superficially appealing ideology. Is Bill Kristol less of a Jew for holding by neoconservatism? No. Kristol's brain happens to be in the grip of an ideology started by his father. Perhaps that makes Bill a loyal son and a lousy political scientist but it says little about his Judaism.
    3. Incomplete and speculative scholarship of this kind is the weakest part of "The Great Betrayal." Buchanan is unfair to Classical School economist David Ricardo. In relating Ricardo's theory/law of comparative advantage Buchanan misses the fact that Ricardo was striving for description, not prescription. Buchanan rightly criticizes Ricardo for discounting nationalism and one might say more attention could have been paid to the power of technology to narrow expense gaps but the main point is Ricardo was trying to do for economics what Isaac Newton did for physics. Later people like Richard Cobden and Karl Marx seized Ricardo's ideas for use in their revolutions but Ricardo himself was not articulating a party platform. Buchanan's shabby treatment of David Hume is particularly galling. Hume is incorrectly labeled "a militant atheist." In fact, the great Scotsman accepted the argument from design, saying there was nothing more obvious than the existence of G-d (see Blackstone Audio's "Giants of Philosophy" tape series for this and more). What apparently riles Buchanan is that Hume criticized institutionalized Christianity, saying it and other organized religions often provide "a cover for faction and ambition." Although we should classify Hume as a deist, his criticisms are squarely in the moral tradition of great Christian dissenters such as Soren Kierkegaard and Leo Tolstoy. The flogging of Hume points up conservatism's greatest ongoing dilemma - should we be loyal to principles or to institutions? Hume's "History of England" employed the same method as Buchanan's "Great Betrayal" - correcting the historical record and determining the implications for future practice. This is rich irony. Because of their judicious, non-partisan approaches both men are attacked by ideologues of the Right and Left. The European Union and empires in general receive hot and cold treatment from Buchanan. Loss of national identity is clearly on the author's mind yet he adds that smaller nations such as Austria will likely never be self-sufficient again. A vital connection is made when Buchanan points out that empire began to erode protectionism and constitutional government. The smoldering sparked by the Spanish-American War amid rock-ribbed protectionism by William McKinley and Theodore Roosevelt eventually went ablaze with Dwight Eisenhower offering U.S. markets as low-hanging fruit to foreign countries in exchange for sticking with the West in the Cold War. Buchanan argues persuasively that such bribery was unnecessary. Crescendo is reached when Buchanan reminds us that economics is a means to an end. "What is wrong with the global economy is what is wrong with our politics; It is rooted in the myth of economic man." (p. 287). Along the way he opens eyes and hearts by chronicling the debasement of America's manufacturing base (providing the prose companion to Billy Joel's song "Allentown."). Ferreting out the hidden costs of free trade is another enormous contribution. Buchanan's endorsement of industrialism and strong, central government is sure to give some conservatives pause. The godfather of U.S. conservatism, Russell Kirk, wrote that industrialism has done more to
    4. undermine conservatism than any other single phenomenon. Henry Ford's assembly line techniques promoted the idea that one thing is just as good as another (where as the natural conservatism of men's minds is attuned to differences and gradations). Yet that same Ford that Kirk criticized is quoted by Buchanan as an upholder of family values - "The man does the work in the shop, but his wife does the work in the home. The shop must pay them both." (p. 93). Biblical passages (the Tower of Babel, the rivalry of Jacob and Esau) can be seen as lending support to Buchanan's view that nations don't have soft lips but sharp elbows. He shepherds us to the realism of Friedrich List - between the individual and the mass of humani For More 5 Star Customer Reviews and Lowest Price: The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to.. by Patrick J. Buchanan 5 Star Customer Reviews and Lowest Price!

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