Protectionism: The act of protecting. In global terms it means protecting ones country from ruin; avoiding policy, whether economic or political, that results in the economic and social destruction of a nation, its people and culture, resulting in the massive concentration of power and wealth in the hands of a few global elites. (Global elites: The gangsters (a.k.a. banksters), thugs and thieves that leverage one nation’s economy against another until all wealth is accumulated in their hands).
“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. . . . corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.”
— U.S. President Abraham Lincoln, Nov. 21, 1864
(letter to Col. William F. Elkins)
Ref: The Lincoln Encyclopedia, Archer H. Shaw (Macmillan, 1950, NY)