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Protectionism, also known as Economic Nationalism or the fundamentalist version called Autarky (closed economy), is an ideology that believes that an economy of a nation should be protected against foreign influence for reasons that vary depending on who you ask. Generally, it is to promote and develop the local industry, not to be a simple importer of manufactures, so that the foreign industry does not devour the local industry and prevent foreign companies from buying local companies.
Variants
Autarky
Autarky is a fundamentalist version of protectionism that supports a completely closed-off economy from foreign goods.
Fair-Trade Protectionism
Fair-Trade Protectionism is a version of protectionism that is designed to help producers in developing countries achieve sustainable and equitable trade relationships. The fair trade movement combines the payment of higher prices to exporters with improved social and environmental standards. The movement focuses in particular on commodities, or products that are typically exported from developing countries to developed countries, but is also used in domestic markets, most notably for handicrafts, coffee, cocoa, wine, sugar, fruit, flowers, and gold.
Neo-Mercantilism
Neomercantilism is a school of international economic thought which espouses an export-orientated economy, with subsidies and regulations favoring national business and larger corporate entities, over foreign competition.
This model of trade became popular in the United States during the 1970s when American firms were suffering from competition from the Japanese industry.
Examples of countries with an export-orientated economic model include:
Personality
TBA
How to Draw
- Draw a ball with eyes.
- Inside the Ball Draw a shield.
- Fill the Shield Red and the Rest Gray.
Finished.
Relationships
Friends
- National Conservatism & Right-Wing Populism - Right-wing protectionists are based!
- Left-Wing Nationalism & Left-Wing Populism - Left-wingers can be protectionists too!
- Welfare Chauvinism - Protecting the social benefits of the natives from the immigrants? Sounds great!
- Mercantilism - My father from whom I learned a lot, love you dad!
- Isolationism - Free trade leaves us exposed and vulnerable.
- Nationalism - Glory to our nation!
- Paleoconservatism - Protect America!
- Trumpism - I love your tariffs! MAGA!
- Bidenism - You too? Welcome abroad!
- Ilminism - Based anti-commie.
- Juche - Based commie.
- Hoxhaism - Another based commie.
- Coolidgism - The only libertarian that I like.
- Integral Neo-Darwinism - Best RightLib.
Frenemies
- Keynesian School - Do you want to protecc or not?
- Romanian Liberalism - You did a good job in your country, but nowadays you're a filthy neolib.
- Alt-Lite - You can be pretty cool sometimes, but a lot of you are also free-market fundamentalists.
- Alt-Right - Similar to the above.
- Paleolibertarianism - At least we both backed up Pat Buchanan and Donald Trump, also Rothbard saids tariffs are less bad than NAFTA.
- Social Democracy - Some of you guys are pretty cool, but a lot of your followers embrace globalist imperialism as well.
- Social Liberalism - Often even more loving of globalism, but apparently a good chunk of your Canadian followers really like me.
- Alter-Globalism - The least bad globalist who shares a lot of common enemies.
Enemies
- Classical Liberalism - Adam Smith's "invisible hand" isn't real, learn from him!
- Libertarianism - You need to ditch free trade.
- Neoliberalism - Economic globalization is NOT inevitable!!! And if it was, it would be a bad thing.
- Conservative Neoliberalism & Neoconservatism - F#€k Reagan, F#€k Thatcher!
- Neo-Libertarianism - Even worse than his father.
- Globalism - Globalism is not very good for the nation.
- Georgism - I don't like the "free trade" part of your slogan.
- Agorism - What do you mean that people would resort to the black markets rather than pay tariffs?
- Neighborstan - No! I don't want your stupid products!
Further Information
Literature
- Protection or Free Trade? by Henry George
- Resisting Protectionism: Global Industries and the Politics of International Trade by Helen Milner
- America's Protectionist Takeoff, 1815–1914: The Neglected American School of Political Economy by Michael Hudson
- Benjamin Harrison by Bruce Adelson
- Ideas and Their Consequences: Benjamin Harrison and the Seeds of Economic Crisis, 1889-1893 by Mark Zachary Taylor
- General Benjamin Harrison - Relentless Foe of Labor by Eugene V. Debbs
- Views of an ex-president by Benjamin Harrison
Wikipedia
- Autarky
- Protectionism
- Economic sanctions
- Economic nationalism
- Infant industry argument
- Import substitution industrialization
- Trade barrier
- Regional lockout
- American School (economics)
- Approved Permit (Malaysia)
Gallery
Non-Quadrant - I just want to reject the political compass for goodness sake! | |
Main/Other | Nationalism • Universal Nationalism • Fictional Nationalism • Enlightenment • Counter-Enlightenment • Populism • Internationalism • Volkish Nationalism • Cultural Nationalism • Ethnic Nationalism • Racial Nationalism • Pan-Nationalism |
---|---|
Cultural/Social Systems | Progressivism • Traditionalism |
Political/Goverment Systems | Federalism • Centralism • Authoritarianism • Democracy • Authoritarian Democracy |
Self-Inserts |
Nationalists - For The Motherland! | |
Moderate | Main Nativism • Patriotism Related Protectionism • Isolationism Self-Inserts |
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Main | Main Nationalism • Separatism • Pan-Nationalism Definitions Volkish Nationalism • Ethnic Nationalism • Cultural Nationalism • Linguistic Nationalism • Religious Nationalism • Racial Nationalism • Civic Nationalism • Species Nationalism Application Universal Nationalism • Fictional Nationalism • Left-Wing Nationalism • Eco-Nationalism Related Ethnopluralism • Racism • Directed Socialism • Indigenism • Tinism Other Ideologies National Agrarianism • National Capitalism • National Communism • National Conservatism • National Liberalism • National Libertarianism • Welfare Chauvinism Self-Inserts |
Chauvinists | Ultranationalism • Jingoism
Self-Inserts |