Reply to Grace Blakeley’s Post-Brexit UK measures

by Serban V.C. Enache

In this article, Grace Blakeley outlines the economic and financial plights of the United Kingdom, how Globalization failed the working class and her proposed solutions for a post-Brexit UK.

I do not agree with some of her assumptions, nor with her policy prescriptions.

For starters, Continue reading “Reply to Grace Blakeley’s Post-Brexit UK measures”

The Sovereign Nation State

Political vs Cosmopolitical Economy

by Serban V.C. Enache

 

The Globalist View on Statehood

Globalist premise. Most products have developed a complex geography – with parts made in different countries and then assembled somewhere else (goods of trans-national origin). Markets when left alone will allocate resources optimally, thus leading to efficiency and low prices. This, of course, requires the free movement of capital, commodities, and labor. All barriers – like capital controls, trade unions, welfare programs, minimum wage laws, nationalized services etc – will distort prices and lead to malinvestment (waste). Continue reading “The Sovereign Nation State”

China’s Africa

by Serban V.C. Enache

The violence and propaganda of the 20th century left us with a certain way of looking at things. That world affairs orbit around superpowers in their quest for dominance over various parts of the globe. Spheres of influence are carved out by tanks and guns, economic sanctions, coups – but also through diplomacy, material and financial aid, and cultural exports. Continue reading “China’s Africa”