And no matter how many protectionist measures that the US implements we’re seeing that they’re losing the global competition. I guess protectionism and oligarchy aren’t the best ways to accomplish the stated goals of a capitalist economy. How soon before China is leading in every industry?
This conclusion was foregone when China began to focus on developing the Productive Forces and the US took that for granted. Without a hard pivot, the US can’t even hope to catch up to the productive trajectory of China, and even if they do hard pivot, that doesn’t mean they even have a chance to in the first place.
In fact, protectionism has frequently backfired, and had other nations seeking inclusion into BRICS or more favorable relations with BRICS nations.
On the brightside, the clear fragility and lack of direct connection to real productive forces shows the instability of the present system.
And no matter how many protectionist measures that the US implements we’re seeing that they’re losing the global competition. I guess protectionism and oligarchy aren’t the best ways to accomplish the stated goals of a capitalist economy. How soon before China is leading in every industry?
This conclusion was foregone when China began to focus on developing the Productive Forces and the US took that for granted. Without a hard pivot, the US can’t even hope to catch up to the productive trajectory of China, and even if they do hard pivot, that doesn’t mean they even have a chance to in the first place.
In fact, protectionism has frequently backfired, and had other nations seeking inclusion into BRICS or more favorable relations with BRICS nations.