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An economic lesson...
(lemmy.world)
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this post was submitted on 10 Sep 2024
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Antiwork
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We're trying to reduce the numbers of hours a person has to work.
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We talk about the end of paid work being mandatory for survival.
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Yes of course it is sustainable. We have the resources to do everything we need for hundreds of years here in the USA without any external dependencies. The disaster recovery and continuity plans and infrastructure are already in place to ensure that the US government will continue through a variety of apocalyptic scenarios.
you have no fucking clue how brittle systems like electronics production, or oil supply are. USA, from a systemic point of view, is the most coupled and fragile production system in the world except maybe some micro-nation in the middle of the ocean.
You have no fucking clue what I know about, actually.
I'm not talking about resources, but the entire Imperialist Economic Mode of Production, ie dying Capitalism. The US is largely de-industrialized, it makes most of its profits off of Imperialism, ie export of Financial and Industrial Capital. The US doesn't produce what it needs, generally, because it is more profitable to hyper-exploit the Global South.
The US Empire will bring about its own ruin.
Sure thing Lenin, and I am the walrus.
Do you have any logical basis for rejecting what I've said, or are you just running on vibes and magic?
I could ask you the same thing, and it would be bullshit to me, just as whatever I reply with would be to you. From my perspective you're in some dumbass communist fantasy based on the internet ramblings of children.
I dunno, you tell me where this is bullshit.
Over time, Capitalism trends towards monopolization. We see this with mergers, "daughter companies," and other alignments as groups coalesce into syndicates
Financial Capital, ie Banks, begin to control Industrial Capital through aquiring large amounts of shares and including conditions in loans, resulting in large-scale mergers of Capital
Companies seek to export Capital, both industrial and financial, to the Global South where resources and wages are cheaper, so as to increase profit margins tremendously.
Countries in the Global North generally divy amongst themselves different areas of the Global South
Underdevelopment due to expropriation of resources drives countries in the Global South against the Global North, cutting off revenue
As a consequence of deindustrialization combined with countries kicking out the Imperialist Powers, these countries in the Global North face crisis
Which do you disagree with?
I disagree with the assertion points 1 through 6 are factual. Those are all extremely broad generalizations based on assumptions you hold. Some of those things do happen on occasion of course, but it's not a railroad track of 1 leads to 6 with no other possibilities. The financial industry is heavily regulated by the US Gov't which exerts control to prevent much of 1 - 3 on your list.
We can see it happen regularly in industry, as we have seen with the IMF, Blackrock, Amazon, and more.
The Capitalist State's role is symbiotic with the Financial Capitalists, not predatory. The State is controlled by the wealthy Capitalists.
Lol