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“Capitalists will sell the rope to hang them” Lenin > Is it just because it would be impossible to have an industrial base in a world where Asia exists and ca
by littlestymaar 2y ago
“Capitalists will sell the rope to hang them”
Lenin
> Is it just because it would be impossible to have an industrial base in a world where Asia exists and can produce everything that could be built in the US for 1/5 the cost?
It's not impossible, had the US kept capital control and tariffs there would have been no way for Asia to catch-up at all. But the free trade ideology and greed led the US where it is now.
- concordDance 2y agoWorth noting this also lifted a billion people out of poverty.
- mrguyorama 2y agoChina could have lifted their people out of poverty on their own. We didn't need to sell them our manufacturing base to do that.