Explain how it’s evil to allow the US companies to move their production out of the US? The US corporations could have kept industry here, but they decided to fuck themselves over so that a few shareholders’ margins went up by a few percentage points. That wasn’t China being malicious, that’s the US lacking any sense of foresight while being blinded by greed.
Evil is the invisible hand of the market fisting the ass of your country, who send their production to a foreign country, and then start crying because they get better after decades of doing what guys should have being doing all along.
Oh no the Chinese are sending us good quality, cheap goods and letting us pay them with our dogshit overinflated currency. If only we were forced to buy plasticky shit at extortionate prices made by the USA (USA!! USA!!).
Flooding foreign economies with cheap subventioned goods so the domestic can’t compete and go out of business and thus increasing dependency in you.
Yes, I’d say this is bad.
China isn’t forcing anybody to buy their goods at gunpoint last I checked. The fact that western markets are unable to produce comparable goods at the same prices is entirely the problem with the way western economies are structured. The whole premise for loosely regulated markets was that they were supposed to be more efficient than state planning, turns out that was a big fat lie. So now the dumb fucks in the west are crying that their failed economic model can’t compete with China. Tough!
I would argue that it is in fact bad because it’s a threat to national security and sovereignty. The Europeans are now finding out that they’re unable to produce things domestically that their people need, and have become entirely reliant on US energy exports and military protection.
Yeah, kind of, but under a capitalist system where workers can’t reap the benefits of automation and much labor is still performed in the imperial periphery it is negative.
This is just cope, though. China has better industrial capacity, and can produce high quality goods for lower prices because of this. It isn’t because of evil, it’s because China as a socialist economy is surpassing capitalist economies.
The goods produced in China are cheap because Western economies made a bet that they’d come out ahead by moving their capital out of their own economies and into China. China won the bet instead of them and now has more productive capacity than the West. Why is it China’s fault that the West had poor foresight and deindustrialized itself in exchange for short term profits? Should Chinese workers have remained poor forever instead of benefiting from Western investments?
China is the evil economy.
Boost their own, flood foreign.
🤡
What are you talking about. What country doesn’t want to boost their economy???
Between an exchange of goods and services and flooding it by subventiontioning to suppress the competition is teensy tiny difference, no?
This is called a “skill issue” on the hand of western imperialists that can’t compete. Stop framing doing better as being evil.
Are they even trying to compete considering how many places were happy/eager to send manufacturing overseas in the name of lowering labor costs?
They are realizing they fell into a trap by doing so, so trying but failing.
Evil is in the eye of the beholder.
Explain how it’s evil to allow the US companies to move their production out of the US? The US corporations could have kept industry here, but they decided to fuck themselves over so that a few shareholders’ margins went up by a few percentage points. That wasn’t China being malicious, that’s the US lacking any sense of foresight while being blinded by greed.
Evil is the invisible hand of the market fisting the ass of your country, who send their production to a foreign country, and then start crying because they get better after decades of doing what guys should have being doing all along.
Being better at producing goods is evil?
Oh no the Chinese are sending us good quality, cheap goods and letting us pay them with our dogshit overinflated currency. If only we were forced to buy plasticky shit at extortionate prices made by the USA (USA!! USA!!).
What do you mean “evil economy?” Is producing goods a bad thing?
Death to production, unlimited chaos on everyone.
Literally sounds like 40k logic, lol.
Flooding foreign economies with cheap subventioned goods so the domestic can’t compete and go out of business and thus increasing dependency in you.
Yes, I’d say this is bad.
China isn’t forcing anybody to buy their goods at gunpoint last I checked. The fact that western markets are unable to produce comparable goods at the same prices is entirely the problem with the way western economies are structured. The whole premise for loosely regulated markets was that they were supposed to be more efficient than state planning, turns out that was a big fat lie. So now the dumb fucks in the west are crying that their failed economic model can’t compete with China. Tough!
Bad for who
It is a pretty bad deal for Western workers that our economies have deindustrialized. But that’s not China’s fault, that’s our ruling classes’ fault.
Deindustrialization itself isn’t really bad. It’s a neutral thing.
I would argue that it is in fact bad because it’s a threat to national security and sovereignty. The Europeans are now finding out that they’re unable to produce things domestically that their people need, and have become entirely reliant on US energy exports and military protection.
Yeah, kind of, but under a capitalist system where workers can’t reap the benefits of automation and much labor is still performed in the imperial periphery it is negative.
This is just cope, though. China has better industrial capacity, and can produce high quality goods for lower prices because of this. It isn’t because of evil, it’s because China as a socialist economy is surpassing capitalist economies.
The goods produced in China are cheap because Western economies made a bet that they’d come out ahead by moving their capital out of their own economies and into China. China won the bet instead of them and now has more productive capacity than the West. Why is it China’s fault that the West had poor foresight and deindustrialized itself in exchange for short term profits? Should Chinese workers have remained poor forever instead of benefiting from Western investments?