Comment by Teever

1 day 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=0gcJCfwAo7VqN5t...

11 comments

Teever

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privatelypublic  1 day ago

Well, 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  1 day ago

What 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.

  • watwut  3 hours ago

    Current president will onshore by making poor poorer and rich richer while weakening international position.

  • Teever  1 day ago

    The 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  1 day ago

      I’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.

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