My god, even the best chance for socialism is hopeless because of the dollar. “it’s not doomer because the party could do something different” idgaf day after day it’s more dollars and less long term hope. Nothing China does can matter because all the green energy, all the bnr, all the poverty elimination, all of it is paid for with imperial currency and little to no interest in changing this arrangement from within. The party will talk about win-win arrangements and mutually-beneficial cooperation until the fucking nukes are flying.
Bigger vibe-check problem is them owning mines in congo rather than dollarization.
Magical thinking ("someone powerful will do something nice") is not productive for any movement. The usa intransigence might force them to stop using dollars, it might not
They'll still tilt the world economy even if they were (fully) capitalists. its like observing tide: would be nice if it brought me some fish, but probably still have to work for it, even it becomes slightly easier with the tide.
Personally, global financial transformation is a bigger vibe check issue than selling some mines to other capitalists
Is it bigger vibe check issue to congolese?
Chinese business and SOEs have a shit ton of exploitation in their supply chains. that would not change if Canadians or Brit’s owned the mines. You know this. I’m talking about the dollar
And the dollar what? If dollar disappeared, it wouldn't change capitalism, or ownership. Maybe make american consumers 5% poorer. Capitalists made them 20% poorer for a time, and they've dealt with it without riots.
Dollar might implode by overextension of usa or it won't if they don't, it's very irrelevant
I don’t think you believe this
I believe that american porkies believe in it. i rather think it's a sign of the empire, not its load-bearing support. The dollar is guaranteed with guns, and is denied with guns. Euros don't have dollars, they still enjoy(ed) exploitation and its fruits.