In truth, the bipartisan establishment’s trumpeting of “free trade” since World War II fosters the opposite of genuine freedom of exchange. The establishment’s goals and tactics have been consistently those of free trade’s traditional enemy, “mercantilism”.
Ever since Abraham Lincoln, congresses and presidents have controlled the American economy for the benefit of oligarchs and large corporations, giving rise to the political blowback known as populism.
Hamiltonian mercantilism is essentially the economic and political system that Americans have lived under for several generations now: a king-like president who rules through “executive orders” and disregards any and all constitutional constraints on his powers; state governments that are mere puppets of the central government; and corporate welfare run amok.
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