The “Conspiracy” of Free Trade

Imperial & Global Forum

Book cover

Marc-William Palen
History Department, University of Exeter
Follow on Twitter @MWPalen

Living as we do in an era where many of the world’s political elites commonly support free trade initiatives, it is perhaps difficult to imagine that the global economy looked very different in the late 19th century. Aside from the notable case of Free Trade England, most nations in the latter half of the 19th century sought safety from the gales of modern global market competition behind ever higher tariff walls, buttressed with government subsidies to domestic industries and imperial expansion. The United States was the exemplar of this global turn to economic nationalism and empire.

In the wake of the Second World War, the United States would become the leading proponent of free trade. But for nearly a century before, American foreign trade policy was dominated by extreme economic nationalism. What brought about this pronounced ideological, political, and economic about face? How did…

View original post 1,038 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s