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I think a big part of it is that the admission that offshoring was a bad idea that has created a threat to American hegemony would require acknowledgement that
by Teever 1y ago
I think a big part of it is that the admission that offshoring was a bad idea that has created a threat to American hegemony would require acknowledgement that neoliberalism has been an abject failure and a ruse by the upper class to suck up capital
and political power from the middle class.
That sort of discussion and the consequences from having it just isn't on the menu.
There isn't going to be a massive wealth redistribution in the other direction to offset the redistribution that has taken place over the last 40 years. There isn't going to be taxation reforms to prevent this from occuring again. There isn't going to be a focus on white collar crimes from the Justice department.
Things are just going to slowly get worse and worse in America.
https://m.youtube.com/watch?v=sLSveRGmpIE&pp=0gcJCfwAo7VqN5tD https://m.youtube.com/watch?v=sLSveRGmpIE&pp=0gcJCfwAo7VqN5t...
- privatelypublic 1y agoWell, a peaceful one anyway. As much as it sickens me. We don't have to go back more than 200 years to see what happens when the wealth gap gets too large. Is this comment a bit reductionist? Sure. Doesn't mean its more wrong than right.
- philwelch 1y agoWhat are you talking about? The current president was elected on the platform that offshoring was a bad idea that has created a threat to American hegemony. Free trade is politically dead now.
- AlecSchueler 1y agoMeanwhile he's enacting policies to further entrench the issue.
- Teever 1y agoThe current president has payed lip service to reshoring and revitalizing domestic industry but what have the results been? There's been no significant antitrust actions or a focus on white-collar crimes. These are critical in stopping bad actors in American society from accruing more resources and power. There's been no real investment in education or industrial capacity that would enable the US begin to compete with China in green technology and manufacturing automation. There's no cohesive and consistent plan to encourage domestic manufacturing, it's just these nonsensical on again, off again tariff announcements that absolutely destroy the ability for anyone in industry to make long-term plans. Talk is cheap. What's needed is a systemic, sustained effort and we’re not seeing it in America.
- philwelch 1y agoI’m not pleased with Trump’s trade policies either but your central claim was that nobody is willing to address the issue at all, and that’s simply not true. You, me, and Trump all probably mutually disagree with each other’s preferred solutions, but we aren’t in denial about the problem itself. It is one of the most widely discussed economic and national security issues we have if not the most.
- Teever 1y agoIt was not my intent to have a conversation about whether or not someone can believe Donald Trump and whether or not his rhetoric matches his intentions. That conversation is played out and not productive. You simply can't and it simply doesn't. I am not optimistic that the systemic solutions to the problems that I'm talking about are going to come from anyone in American politics and it is obvious to me that American hegemony is waning with little hope of it returning. I worry about what this means for the future of democracy if a country run by an autocrat becomes the dominant power.
- philwelch 1y ago> I am not optimistic that the systemic solutions to the problems that I'm talking about are going to come from anyone in American politics As I said, I think we probably both disagree with each other and Trump about what those solutions are. But what you said was that no one in American politics is willing to even acknowledge the problem in the first place, and that was false.
- BobbyJo 1y agoI mean, i wouldn't call 300% increase in collected tariffs and a tax break for onshore capital investment lip service...
- wpm 1y agoI'd call the first part utterly counter-productive and stupid. The fact that he just signed a bill utterly decimating the last important work done in this country also runs counter to the idea that he's doing fuck all about it. And, the example completely ignores the conversation part of the OOP. The last 40-50 years of neoliberal drunken greed by the people at the top isn't going to be suddenly reversed for the next fifty years. There are few ways of reversing that. All, uncomfortable.
- watwut 1y agoCurrent president will onshore by making poor poorer and rich richer while weakening international position.