How to cite this journal: Author, Date of the post, WMO Conflict Insight, Title of the post, ISSN: 2628 6998, https://worldmediation.org/journal/ ABSTRACT * This essay asks what a trade war actually is and argues that the confrontation between the United States and China can only be understood from a deeper historical and psychological perspective. The author connects protectionism to older mercantilist assumptions of zero sum gain, examines the mutual dependency created by debt and trade between the two economies, and considers what loss of self determination through indebtedness means for states
as it once did for individuals. Further sections address the erosion of trust in economics as a discipline…
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