We live in a different time now. Stockman is a Never-Trumper and like Bloomberg's droids, doesn't miss a chance to throw him and what he's trying to accomplish under the bus.
What Stockman doesn't seem to incorporate into his 40 year old calculus is the vast middle class that now exists in Asia (which didn't in his heyday). It's not going away. They're an enormous consumer market that while they embrace socialism, will never return to communism and the farms. That era is over.