deindustrializing myself
I can't believe the Asians are doing this
The part that’s most frustrating about this is you know his ideal “response” is not going to be, nationalize industries, subsidize manufacturing sectors that need growth, targeted tariffs to ensure that imports will be coming from a wide variety of countries. Noooo, it’s gone be, how can we do the free market neoliberalism that got us here in the first place even harder?
Sounds like they were pretty successful and would be guys you'd want on your side
Western capitalist: Sells off mother's kidney for $$$
Western politician: how could China do this
So the argument is that China allowing American capital to move production there is akin ton businesses taking advantage of the demented by tricking them into signing up for obviously bad deals?
The argument is that 1.4 billion chinese should buy all their needs from 300 million americans and know their place
It's ridiculous.
China doesn't have to get the West to de-industrialize. The bankers and capitalists have been doing it to the West for 40 years.
China MADE the American billionaires lay off all their workers and close down their factories. Those poor billionaires didn't want to, but big meany China said they had to
Literally just industrialize, you fucking moron(s). Just build the shit.
Yeah, but it won’t be profitable to industrialise America vs using Chinese industrial capacity. So capitalism can’t do that. Line must go up.
Without large enough sales market it would impossible to maintain the required level of industry. In fact, one of the reason for deindustrialization is the shrinking of available markets.
The Chinese strategy to de-industrialize the West is... wait the West already did that 40 years ago?!
proving once again to be the ultimate strategy against the west.The perfidious chinese should smoke the opium, buy our steel and make our nick-nacks, not make cars and solar panels
The US deindustrialized itself my guy. It just handed off global manufacturing to China for a quick buck.
Specifically, USA corporations moved industrial production to other nations because other nations had lower labor costs. So the best way to get manufacturing back in the USA is to raise the standard of living + wages dramatically in developing countries.
so it was China's master plan to coax the US into abusing China for cheap labor and materials and to pollute their environment all in an effort to deindustrialize the US 40+ years down the road... that's a long game there
Instead of seeing Chinese trade surpluses as the everyone else getting shit for "free" (China accumulates US Dollars, Briish Pounds etc, all the major first world currencies), they instead see "deindustrialization".
US should enjoy China being so generous with its exports while trying to build its own industrial base with the help of the state. American capitalists clearly aren't interested in building industries.
No one ever seems to complain about German trade surpluses destroying rest of the EU nations.
meanwhile Indian companies deindustrializing britain (absolutely based btw)
Did China make Western capitalists deindustrialize? Seems they did that all on their own
Wait... they might be right. Did china seized the means for production?
