The coronavirus has illuminated the fallacy of globalism. Globalism is an economic system promoted by financial and industrial elites and multinational corporations to minimize costs by utilizing Third World cheap labor in countries that are less regulated to maximize profits.
For the last 30-plus years, U.S. senators, congressmen and presidents have happily enacted laws, and trade agreements to further the implementation of globalism in exchange for generous campaign donations from super wealthy elites, multinational corporations and the U.S. Chamber of Commerce.
Now, we have a virus crippling the Chinese economy. Whole Chinese cities have been quarantined, and industrial production and commerce have slowed dramatically or stopped entirely.
The dependence of the United States on China for most of our drugs, both over-the-counter and prescription drugs, and medical supplies has come to light. U.S. car manufacturers are by far more dependent on parts manufactured in China than any other western country. These examples are only the tip of the iceberg of the multitude of goods US citizens depend on from China, which we no longer manufacture. The short-sighted greed and selfishness of U.S. business and political elites have endangered U.S. citizens’ health and financial wellbeing.