Re:A theory that “elite overproduction” leads to political i...
by wesleyfsmith on Tuesday July 06, 2021 @07:54PM
(#27755835)
Wow, really well said. I think that's the clearest way I've heard this idea expressed on the US v China competition
Re:A theory that “elite overproduction” leads to political i...
by minikites on Tuesday July 06, 2021 @11:26PM
(#27757013)
China is doing the Marshall Plan in Africa. We in USA can't even improve our own country, let alone another nation.
Re:A theory that “elite overproduction” leads to political i...
by bennysomething on Wednesday July 07, 2021 @09:28AM
(#27760874)
China implemented capitalism. This lifted millions out of poverty. Capitalism is profit driven. I'm not sure what you mean.
No. The US prioritises corporate profit over everything else - even to the point of sacrificing its hegemony.
China just wants to be powerful.
China realized a long time ago that that is the American achilles heel and exploited it by creating long term economic dependency on them in exhange for short term profit.