Flooding foreign economies with cheap subventioned goods so the domestic can't compete and go out of business and thus increasing dependency in you.
Yes, I'd say this is bad.
It is a pretty bad deal for Western workers that their economies have deindustrialized. But that's not China's fault, that's our ruling classes' fault.
I would argue that it is in fact bad because it's a threat to national security and sovereignty. The Europeans are now finding out that they're unable to produce things domestically that their people need, and have become entirely reliant on US energy exports and military protection.
Yeah, kind of, but under a capitalist system where workers can't reap the benefits of automation and much labor is still performed in the imperial periphery it is negative.
What do you mean "evil economy?" Is producing goods a bad thing?
Flooding foreign economies with cheap subventioned goods so the domestic can't compete and go out of business and thus increasing dependency in you.
Yes, I'd say this is bad.
Bad for who
It is a pretty bad deal for Western workers that their economies have deindustrialized. But that's not China's fault, that's our ruling classes' fault.
Deindustrialization itself isn't really bad. It's a neutral thing.
I would argue that it is in fact bad because it's a threat to national security and sovereignty. The Europeans are now finding out that they're unable to produce things domestically that their people need, and have become entirely reliant on US energy exports and military protection.
Yeah, kind of, but under a capitalist system where workers can't reap the benefits of automation and much labor is still performed in the imperial periphery it is negative.