Matt Stoller described something in a series of Twitter posts I'd never heard of before. Come to think of it you could write a book about the things I never heard of (Crow agrees).
(1) The basic dynamic re: #Brexit and #TPP is that post-WWII we stretched multinationals around the globe to keep nation-states from warring.
(2) National industries and nationalism were seen as causal factors in two recent wars that killed tens of millions.
(3) Some, like George Ball, were explicit.
(4) "to fulfill its full potential the multinational corporation must be able to operate with little regard for national boundaries..."
(5) " - or, in other words, for restrictions imposed by individual national governments"." Ball helped create the post-war trade agenda.
(6) Ball was a huge proponent of the EU. Opposed Vietnam War, seen as very liberal. Supported multinationals over national sovereignty.
(7) By late 60s Nixon opposed free trade. Maurice Stans negotiated textile controls w/Japan/Taiwan/Hong Kong, was called racist for doing so
(8) The Ball generation sought to prevent war, understood the multinational as a responsible actor constrained by antitrust and regulation.
(9) Lifting of restrictions on multinationals in the 1980s/1990s led to monopolies, financial disasters, w/no sovereign capacity to govern.
(10) Sovereign state power to make war originally would be checked by corporate supply chains, free trade, orgs like IMF
(11) But the cure for nationalist warfare - multinationals - mutated. And multinationals unfettered do not meet human needs.
(12) So people are crying out for some sovereign aside from the corporation (which is a grant of sovereign power). And nationalism is back!
(13) But this is not a right-wing phenomenon. Many on the left, though not socialists, want localism. Nation-state is more local than IMF.
(14) But the old DNA of George Ball is still there. If you do not see the virtues of free trade and multinationals, then.. warmonger!
(15) For globalizing elites, it literally is unthinkable to stop stretching corporations around the world. They cannot imagine it...
(16) ... because they see it as restarting World War II. They think they are peaceniks.
(17) That is why Germany, France, etc want to punish UK or Greece for bucking them. Don't these people realize that WORLD WAR will come?!?!
Next is Professor Mark Blyth of Brown University regarding Brexit. This is quite entertaining.