In the wake of the last presidential election, the American people appear to be fracturing and shifting on the long-held consensus about the benefits of free trade.
Meanwhile, state-owned television in the People’s Republic of China is churning out pro-trade propaganda such as this (HT Pethokoukis):
Yet the underlying irony is a bit overstated, I’d suspect.
According to AEI’s Dan Blumenthal and Derek Scissors, China’s One Belt One Road initiative aims to “create a network of infrastructure projects linking itself with over 60 Central Asian, Middle Eastern, and European countries.” But alas, the project in question already appears to be wrought with a predictable mix of central-planning blunders and internal contradiction. Despite whatever the strides it’s made in liberalizing trade in recent decades, China still isn’t quite the right messenger.
Nevertheless, if only for our bewildered amusement, it’s worth pausing and pondering that the pet project of a Communist leader has somehow resulted in such a striking mercialabout the benefits of free trade.
In many ways, it’s a cringe-worthy piece of propaganda. But the lyrics in the verses are actually quite good, moving well beyond the typical arguments about “growing the economic pie” and emphasizing, instead, the creative collaboration at its core:
When trade routes open up, that’s when the sharing starts.
Resources changing hands, and shipping auto parts.
Ideas start to flow and friendships start to form.
Then things impossible all e the norm.
…Products and goods are only a part.
From apples and cranes, they’re state-of-the-art.
We’re paving new roads, building more ports,
Finding new options with friends of all sorts.
…It’s a culture exchange. We trade in our wealth.
We connect with our hearts. It strengthens our health.
With our lines and our cables, diplomacy tables,
We’ll share in a world of prosperity.
Again, it’s overly tacky and utopian in its framing, but given the typical, hum-drum macroeconomic arguments we’re used to hearing, the lyrics holdasurprising amount of moral punch. Oh, that we could once again hear such ing from own government leaders.
All ironies aside, trade does, indeed, represent far more than a mere transfer of goods. “It’s a culture exchange,” the song reminds us, wherein we find “new options with friends of all sorts,” wherein we “connect with our hearts.”
Or, as explainedin a key excerpt fromFor the Life of the World,free and open exchangerepresents “a great and mysterious collaboration.” It is the grand, organic result of humans working and serving together. “The fruit of our labor is fellowship,” it continues. munity. It’s relationship.”
Now, given that the Chinese government is ingto understand those basic fruits of freedom,perhaps we can hope that other “things impossible,” beyond mere widgets and wonders, might one day e the norm.”