EP 933 Our National Security Strategy Has Changed: No Longer the World’s Policeman on the Beat

 The post-World War II world has seen America defending and trying to export democracy and free markets through its military might and the development of international organizations having the same purpose.  Under the Trump Administration II, and its recently released National Security Strategy the new approach can best be described as an ‘America First’ national security regime.  It is in their words more ‘realistic’ given our fiscal challenges and offshore balance security concerns are to be left to allies closer to where the hotspots are.  It shows growing concern for American business interests around the world, regardless of the political dynamics of the potential customer, and less about promoting more liberal, democratic governments.  There are mixed signals toward our greatest competitor, China, though it clearly disavows the notion of past Administrations that trade and engagement with this country can lead to democratic reforms there.  Some call this policy document a gift to the Russians.  It remains to be seen.  In many cases this document, updated by every Administration is put forward in theory but not in practice. However, we have just seen in the Venezuelan Maduro capture the re-emphasis of dominance in the Western Hemisphere.  To discuss this changing international focus with us is Todd Sheets, author of the Substack newsletter ‘On Wealth and Progress’ and author of the book, “2008: What Really Happened.”