Re:“The more reliant we are on others, the less resilient we...
by throwaway894345 on Sunday December 18, 2022 @10:28AM
(#34038563)
Income inequality is downstream from globalism (middle class jobs get exported), so I think you’re making his point?
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Re:“The more reliant we are on others, the less resilient we...
by orwin on Sunday December 18, 2022 @12:03PM
(#34039641)
Income inequality is downstream from unregulated capitalism.
How many big anti-monopoly moves were actually done in the last 20 years compared to pre-Reagan or pre-Thatcher times?
Re:“The more reliant we are on others, the less resilient we...
by throwaway894345 on Sunday December 18, 2022 @09:59PM
(#34047831)
I don’t understand what point you’re making because (1) no one has unregulated capitalism (2) globalization didn’t meaningfully exist in the pre-Reagan era, and (3) how would a “pre-Reagan globalization” not have exported jobs? “Exporting jobs” is pretty much the definition of globalization as it pertains to wealthy countries.
EDIT: Also (4) I’m pretty sure almost every “very regulated” economy in the world has more inequality as a consequence of globalization. It’s really hard to imagine a practical globalization that doesn’t create concentrated wealth and poverty.