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From Karl Marx's copybook; Economic nationalism.

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From: The Economist (US)
Date: 20060304
Author:

Efforts to block foreign takeovers rest on a deceit about ownership and interests

PATRIOTISM, said Samuel Johnson, is the last refuge of a scoundrel. That may be unfair to the proper sort of patriot, but it would be an entirely valid comment about politicians today who make a fuss about foreign takeovers in their countries, in the name of "national interests". The truth is that they are not defending their nations' interests at all. They are defending their own interests and (often) those of their cronies.

Such selfish populism has become increasingly popular. Recent ...

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