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It's the notion that by being a country you should be able to make and enforce your own economic policies for the benefit of your citizenry instead of, for example, for the benefit of outside capital.
In reality, the right of countries to do basic things like enforce their own labor regulations and put limits on outside capital's access to their resources (or to publicly own resources) has been deeply infringed upon if not outright violated; look at how United Fruit basically toppled governments that put worker's rights or land ownership rules at odds with company profits.
The rest of this conversation talks a lot about 'globalism', I brought up 'national economic sovereignty' to distinguish economic self-rule from the kind of globalized rule that turned countries into banana republics, essentially ruled by puppets on behalf of foreign corporate interests.
Do you think the economic sovereignty of a fascist dictatorship that expropriates property by ethnicity ought to be recognized? Note that I'm not asking if you're for supporting fascists, because you can be openly belligerent against a nation who you nonetheless recognize as sovereign over their economy.
If not, I'm interested to hear your standards for what economic sovereignty should be respected.
I think that 'economic sovereignty' as such is a value-neutral proposition; it can be done for good or ill. I consider it like anything else in the toolbox; a chainsaw can be helpful or terrifying, depending on who has it and what they decide to do with it. Is a federated republic a good or bad thing because some of the people with power in it might be fascists? I think those are separable notions; in my view, sovereignty and federation are useful for what they get you- for example they are means of checking power located elsewhere.
Since you're asking my views on supporting fascism, that's a hard 'no' from me and if you're trying to guess from my use of 'nationalism' and its buzzwordy association with fascists that I'm trying to carve out a toehold to legitimize fascism under the aegis of nationalism, you're reading between the lines for something I'm not arguing.
Are you suggesting that Guatemala or any of the other Banana republics were fascist dictatorships for expropriating land? If so, I have opinions about the US toppling democracies in Latin America and calling *them *fascist or racist along the way to justify it- not only is it the pot calling the kettle black, it's the opposite of what happened.
I'm referring to contemporary arguments about whether trade agreements with countries which had previously been Russian or Chinese client states are "imperialism"