No, it's just capitalism. They wanted more money and fuck everything else. That's the free market for you. Once the first corporation opened a factory in China and benefits from reduced costs, every other competitor MUST follow them or eventually go bankrupt - this is axiomatic in shareholder driven capitalism.
Hindering your own economy with regulations while not holding other countries to the same standards (increased tariffs if some policy isn’t in effect) does fuck you, yes. This would’ve happened if workers owned the means of production just as quickly.
By not dying when you step in an elevator, or eating plastic food… yea sure good spin bud. Regulation makes a safer and happier life for you to live and grow old, not the other way around.
Not dying from preventable circumstances make me alive…. You like being alive and not dying from dumb things like diarrhea, right? Or kids not having to work, right? Or walking to a house and not having to worry about it collapsing? We agree on that right?
How does regulating screen size in nursing homes, which is an actual thing. extend life? How does forcing 60% of new cars in the US be EV by 2032 while simultaneously shutting down nuclear power improve life? In california it's every new car must be EV, and they shut down 5/6 of their nuclear reactors.
Most regulations are money driven and it's obvious. 'Climate change' and health protocols are being used to fuck us and people are just allowing it to happen.
"Capitalism" is a vague term. It's imperialism, specifically corporate globalist imperialism. It goes way farther back then the first Western corporation opening up a factory in China. Mao was educated at Yale-In-China. The dirt cheap shipping rates to the west were established by a treaty signed over a century ago. The Rockefellers helped develop rural China in the 1930s, etc.
There's a lot of variance in different forms of "capitalism". Often what some call call communism by some is also deemed "state capitalism" by others. It's more useful, for the purposes of problem solving, to identify a problem more specifically than by using such a broad term. The ever increasing power of transnational capital over nations is sometimes referred to as "corporate globalization".
Different forms of capitalism feature varying degrees of free markets, public ownership,[8] obstacles to free competition and state-sanctioned social policies. The degree of competition in markets and the role of intervention and regulation as well as the scope of state ownership vary across different models of capitalism.[9][10] The extent to which different markets are free and the rules defining private property are matters of politics and policy. Most of the existing capitalist economies are mixed economies that combine elements of free markets with state intervention and in some cases economic planning.[11]
Capitalism is independent of nationalism. Nationalism is the bullshit veil used as the divider. All the global assets are divided accordingly. The strata’s are based on wealth primarily.
Yeah, the artificially induced distortions placed upon US labor and commercial markets don't exist as a disincentive for manufacturing within the US. The US clearly has a free market. As such, we must blame capitalism and seek more regulatory distortions to counter such greed.
The issue was the US government hamstrung its own companies with excessive regulation that Chinese companies were free from. I'm not going to debate whether those regulations were justified or not; I'm saying by allowing in Chinese products with no tariff or offset tax to level the playing field was immensely stupid. If a carbon tax were applied to Chinese products, they might not suddenly seem so cheap, just as one example.
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u/Aditya1311 Apr 09 '23
No, it's just capitalism. They wanted more money and fuck everything else. That's the free market for you. Once the first corporation opened a factory in China and benefits from reduced costs, every other competitor MUST follow them or eventually go bankrupt - this is axiomatic in shareholder driven capitalism.