Good post. Here are my thoughts on the matter, FWIW:
When I was earning my MBA, the big shiny thing was Globalism, or '
Everyone Will Be Pro-American When We All Trade Everything With Each Other, Plus We'll Be Richer'.Pretty much no one was warning of any potential downside to it. Of course, not every country plays by the same rules, we already saw how Japan set up selected companies to have government protection and support while others did not, or how Russia killed off its experiment in Capitalism and instead became an Oligarchy. And then there is China, which has not been clean in any of its trade deals since I was born.
By now, it's slowly dawning on people that a robust economy needs Agriculture, Heavy Industry, Manufacturing including Tech components, and of course an Information Economy with Creators and Inventors. We need some way to address tech theft by China, India and other actors, protect against Information theft from all around the globe, and take business infrastructure seriously in terms of education, resource planning and trade agreements.
The problem is that Establishment politicians still think it's OK to sell our products and skills to other countries for the price of personal bank accounts. An honest debate about how tariffs could work might open eyes to the threat and possible solutions.
Or we can just keep outsourcing jobs and tell our kids that a degree in Social Justice will lead to a good career.
That which does not kill me, will try again and get nastier