What Would Karl Marx Do?

Tariffs (thread 3), Episode 12: FDR’s Lesson: You Can’t Tariff Your Way Out


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If you’re wondering whether tariffs are the magic solution, FDR lived the hard answer: raising barriers worsened the collapse and choked off the very trade that could help recovery.

He’d say the fix was negotiation, not isolation — incremental, reciprocal deals to rebuild relationships and markets. Short-term protection looks good in a speech, but it rarely solves a systemic crisis.

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What Would Karl Marx Do?By WWKMD