2016 Postmortem
In reply to the discussion: You can't have economic justice without redistribution. Free trade has helped hundreds of millions [View all]pampango
(24,692 posts)FDR did not view trade as a win-lose, zero-sum game. His ITO was specifically designed to promote a multinational, cooperative approach to the management of trade which would help both sides win and ensure that the workers and middle classes shared in the benefits, not just the 1%.
Trump seems to be a proponent of the win-lose, zero-sum approach to trade. Of course, in his world he will bully other countries so effectively that we will WIN, WIN, WIN so often that we get sick of WINNING. He does not know or does not care that Coolidge and Hoover had that same view of trade. His approach is a throw-back to that pre-FDR era of republican trade policy. Just as he is a throw-back to their policies on attacking unions, cutting taxes for the rich, deregulation, shredding the safety net and worsening the income inequality problem.
The difference between FDR's 'win-win' internationalism and Trump's 'win-lose' nationalism on trade policy is not hair-splitting. We share the VALUES of wanting a strong middle class, strong unions and a fair distribution of income among other things. We apparently differ on how to get there.