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> Many Americans feel cheated, whereby they give better terms to other parties and don’t even get respect in return > - foreign owned farmland and corporations
by kuschku 2y ago
> Many Americans feel cheated, whereby they give better terms to other parties and don’t even get respect in return
> - foreign owned farmland and corporations;
That's hilarious. Many languages have a specific term for US private equity investors that rush in, buy up entire countries' corporations, then try to squeeze out every cent of profit.
Especially after the fall of the Berlin wall and the iron curtain this became a massive issue. See also https://de.wikipedia.org/wiki/Heuschreckendebatte https://de.wikipedia.org/wiki/Heuschreckendebatte
Every American - even the demographics that typically support Trump - has benefited from this.
- zmgsabst 2y ago> Many languages have a specific term for US private equity investors that rush in, buy up entire countries' corporations, then try to squeeze out every cent of profit. Sure — the US bourgeoisie and petite bourgeoisie benefitted. But they’re not the ones supporting Trump or feeling cheated.
- kuschku 2y ago> But they’re not the ones supporting Trump or feeling cheated. One of the groups most benefiting from the US dominance in the past decades were the farmers. Which is one of the larger lobby blocks and voting groups supporting trump. And the logic doesn't compute either. Average people around the world got exploited by western, but primarily US, billionaires. So the average people, the proletariat, should unite and revolt against those billionaires. Instead the US proletariat voted to give billionaires even more power, in the hope that "their" billionaires would exploit foreigners more than themselves?