Economic nationalism is just socialism on the right

It has "invariably been the fate of conservatism to be dragged along a path not of its own choosing," the philosopher and economist Friedrich Hayek famously wrote. Hayek's larger point was that while conservatism plays an important role in pumping the brakes on radical ideas that go too far, too fast, it lacks a positive alternative agenda itself.

In fairness to American conservatism, Hayek was talking primarily about the European variant that defended a status quo of aristocracy,