2 ms·
Thanks for the summary. The root cause of the problem is not so far from what is happening in the US. Many in the hinterland have tried to attribute their misfo
by itissid 8y ago
Thanks for the summary. The root cause of the problem is not so far from what is happening in the US. Many in the hinterland have tried to attribute their misfortune to various forces like immigration or other countries(China, Canada, Mexico).
Truth is that it's an unforseen confluence of factors. In the US the reasons for current upheaval against neoliberalism include(but not restricted to):
1. The nature of the electoral college and legislatures causes equal weight to all areas irrespective of population and wealth.
2. Patchy labor mobility due to affordability and labor evolution[2]
3. Rise of more efficient manufacturing outside the US(sometimes helped with stolen technology).[0]
4. Trying to solve difficult problems with simple ideas[1]
I always wondered if the right path in the future was to create legislation that has a built in "retrospect" clause and "behavior" component in it.
[0](https://www.nytimes.com/2018/06/22/technology/china-micron-chips-theft.html https://www.nytimes.com/2018/06/22/technology/china-micron-c...)
[1](https://dailycaller.com/2019/01/14/smoke-out-resistance/ https://dailycaller.com/2019/01/14/smoke-out-resistance/)
[2](https://www.economist.com/free-exchange/2012/07/05/america-settles-down https://www.economist.com/free-exchange/2012/07/05/america-s...)