(Tea Party 247) – Coronavirus is bad for business, if you’re a member of the global elite.
The founder of a globalist think tank has penned a piece for Foreign Policy magazine in which he complained that the global Covid-19 pandemic is, sadly, “killing globalization as we know it.”
What a shame!
Philippe Legrain, the founder of the Open Political Economy Network (OPEN) laments that the spread of the virus “has been a gift to nativist nationalists and protectionists.”
Almost as if being a protectionist and nationalist is a good thing for protecting the citizens of any given country from global threats, right?
Gee. Imagine that.
Legrain asserts that coronavirus could be “the nail in the coffin for the current era of globalization” as it has successfully “highlighted the downsides of extensive international integration while fanning fears of foreigners and providing legitimacy for national restrictions on global trade and flows of people.”
He adds that the crisis could leave a lasting negative impact on America’s reliance on international supply chains and provide “political fodder for nationalists who favor greater protectionism and immigration controls.”
“The coronavirus crisis threatens to usher in a less globalized world,” concludes Legrain. “Once the pandemic and panic abate, those who believe that openness to people and products from around the world is generally a good thing will need to make the case for it in fresh and persuasive ways.”
Global business travelers, long an avatar of our globalized world, may see their lives become more grounded as businesses become more accustomed to teleconferencing and working from home. https://t.co/0rXQq9rrwH
— Foreign Policy (@ForeignPolicy) March 13, 2020
Summit News notes:
Foreign Policy is published by The Washington Post Company (now Graham Holdings Company) and has a distinctly globalist bias.
Legrain’s point that coronavirus has provided legitimacy for restrictions of flows of people is borne out by the fact that countries like Russia and Singapore, which imposed strong border controls to stop COVID-19 back in January, have largely escaped the worst of pandemic.
Conservative icon Pat Buchanan also recently highlighted how coronavirus has served to expose the weaknesses of globalization.
“It may one day be said that the coronavirus delivered the deathblow to the New World Order, to a half-century of globalization and to the era of interdependence of the world’s great nations,” he wrote.