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It seems US is very much going for short term gratification instead of long term building of industrial nation. Moving manufacturing offshore into China and oth
by nojvek 7y ago
It seems US is very much going for short term gratification instead of long term building of industrial nation. Moving manufacturing offshore into China and other cheaper countries + mega multinational corporations starving small businesses or buying them up so they can get away with price gorging and lobbying for favorable laws.
China said no to Google and Facebook, they let Baidu and Tencent build the technological prowess. China manufactures most of the worlds electronics, they help their cities foster ecologies. e.g Shenzen, Guangzhou, Tianjin e.t.c
Meanwhile US has been losing its manufacturing edge over time. We can't be price competitive to China because we haven't invested in the ecosystem necessary for mass scale production. Our governmental leaders have frequent conflict of interests because they've worked at previous mega corps.
US can no longer think and take actions for the interest for the whole nation. Corporate interests are winning out. Seeing how the $2 trillion stimulus was a giant coop, to Jared Kushner (neopotism) saying "National Stockpile is for us, and not for the states." COVID-19 is exposing how incapable we are as a nation to be self sufficient.
Is US a democracy? I am not so sure. Without fair competition, we aren't a capitalist society either.