Podcast
Pivot
The podcast briefly discussed Dpfner's new book, focusing on the need for democracies to form an alliance and decouple from dictatorships to protect freedom and human rights. He proposed a system of tariffs to incentivize adherence to these values.
The most important point is that we have to define that really as a international project and not as a form of unilateral decoupling.
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Episode: Writers Strike Deal, Betting Against the FTC, and...
The podcast briefly discussed Dpfner's new book, focusing on the need for democracies to form an alliance and decouple from dictatorships to protect freedom and human rights. He proposed a system of tariffs to incentivize adherence to these values.
The most important point is that we have to define that really as a international project and not as a form of unilateral decoupling.
We need to form a free alliance of democracies that do business together based on three criteria, acceptance of the rule of law, acceptance of human rights, and acceptance of certain CO2 targets.
America can do it alone, Europe can do it alone. This transatlantic alliance is the basis. But then as many democracies as possible should join from Japan to Canada and Australia to democratic parts of Asia, Latin America, and very importantly, India.
The biggest threat to free trade is unilateral decoupling which is going to foster nationalism and that is very unhealthy because we live in a global world and we can only solve the challenges from climate change to the kind of big economic challenges. We can only solve that together and we cannot solve it in a kind of isolated, isolationist, nationalistic manner.