Re:China
by sangnoir on Wednesday November 20, 2019 @02:24PM
(#21587453)
> The point is that academic economists pushed policies
Sure, the Chicago school of economics has been banging this particular drum for ages, but it found a responsive ear in the "deciders" in both public and private spheres from the late-80's.
This rust-belt is a symptom on ongoing class warfare, pure and simple - China only happens to be a tool (and a convenient scape goat). The global domination of Wall Street and Silicon Valley is the flip-side of the globalism coin.
I'd say on average the US benefitted, but this hasn't been evenly distributed (capital wins). How do you fix that without using any big-government, pinko communist/socialist interventions? (being sarcastic here, but that's ironically a big part of rust-belt politics).
Sure, the Chicago school of economics has been banging this particular drum for ages, but it found a responsive ear in the "deciders" in both public and private spheres from the late-80's.
This rust-belt is a symptom on ongoing class warfare, pure and simple - China only happens to be a tool (and a convenient scape goat). The global domination of Wall Street and Silicon Valley is the flip-side of the globalism coin.
I'd say on average the US benefitted, but this hasn't been evenly distributed (capital wins). How do you fix that without using any big-government, pinko communist/socialist interventions? (being sarcastic here, but that's ironically a big part of rust-belt politics).