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> I'd like to say a brief thank you to what the brief, golden period of globalisation was able to bring us. Not everyone benefited. Market globalism wasn't par
by stuxnet79 7mo ago
> I'd like to say a brief thank you to what the brief, golden period of globalisation was able to bring us.
Not everyone benefited. Market globalism wasn't particularly kind to the global south, and the specific mandates that the WTO enacted on countries in latin america / africa (Washington Consensus) greatly increased local wealth disparities despite visibly growing GDP for a time.
America profited handsomely because for most of the past 30 years, it was where the (future) transnational conglomerates were based. These companies stood to benefit from the opening up of international markets. Now that these companies are being out-competed by their asian counterparts, instead of going back to the drawing board and innovating they are playing the "unfair trade practices" card and of course the current administration is on-board with it.
Globalisation is not going anywhere, but America is increasingly alienating itself from allies who it could stand to benefit from.
- alsetmusic 7mo ago> but America is increasingly alienating itself from allies who it could stand to benefit from. We're a clown show and we don't deserve to have friends until we get our shit together.
- BLKNSLVR 7mo agoAnd "your shit" is spreading further and further, press conference by press conference. In the last hour or two the great man dropped this quote regarding NATO: "We would have always been there for them, but now, based on their actions, I guess we don't have to be, do we?" Trump told the audience. "That sounds like a breaking story? Yes, sir. Is that breaking news? I think we just have breaking news, but that's the fact. I've been saying that. Why would we be there for them if they're not there for us? They weren't there for us." I can't imagine how long it will take to get this shit back together enough that the US can be trusted again by the international community. One responsible government just means that everything that could be built within the four years of their administration could be torn up, burnt, shat on, and buried within two weeks of a new administration. And yet there seems to be a base 30% support for the current behaviour. I think the first thing to try and fix is the education system.