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“Page 199: According to the U.S. Bureau of Economic Statistics, more than 20 percent of all imports to the United States come from foreign subsidiaries or affiliates of U.S. multinational corporations. … This is why American business is so adamantly opposed to tariffs—not fear of foreign retaliation, but fear of tariffs on products from American-owned industrial plantations.”

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Book:The Next American Nation: The New Nationalism and the Fourth American Revolution
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“Page 200: This school of thought might be called “free trade plus.” The United States will benefit from global free trade, these liberals argue, as long as the skills and productivity of American workers are upgraded. Higher skills translate into higher productivity, which will in turn translate into higher wages. Here a good theory falls victim to an evil fact: productivity has been going up in America, without resulting wage gains for American workers. The average productivity of American workers increased by more than 30 percent between 1977 and 1992, while the average real wage fell by 13 percent.”

Free Trade
Book:The Next American Nation: The New Nationalism and the Fourth American Revolution
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“Page 204: In an 1848 address, he (Karl Marx) observed: "Generally speaking, the Protective system in these days is conservative, while the Free Trade system works destructively. It breaks up old nationalities and carries antagonism of proletariat and bourgeoisie to the uttermost point. In a work, the Free Trade system hastens the Social Revolution. In this revolutionary sense alone, gentlemen, I am in favor of Free Trade." … the neo-fascist right is more likely than the cosmopolitan left to benefit from erosion of living standards by free-market globalism. Laissez-faire globalism may breed its own nemesis, in the form of the most radical and destructive kinds of ethnic nationalism and economic statism.”

Free Trade
Book:The Next American Nation: The New Nationalism and the Fourth American Revolution
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