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Yes. To abuse mathematical language, the first-order effects of the exorbitant privilege are very positive for the US. Some negative second-order effects are ar
by prionassembly 6y ago
Yes. To abuse mathematical language, the first-order effects of the exorbitant privilege are very positive for the US. Some negative second-order effects are arguable (strategic capacity / robustness); some are reminiscent of your typical third-world lobbying for a kind of state capitalism. Then, this has beneficiaries and losers.
"Good jobs" in particular is such specious rhetoric.