The difficult solution is to become more competitive and find new sources of value, as the US does with its technology industry. That means more reform, less welfare and less regulation: not because welfare and regulation are bad per se, but because they are unaffordable given the competition.
It is now increasingly hard to see how Europe, in particular, can avoid large-scale protection if it is to retain any industry at all.
So the plan is to wreck your welfare policies with neoliberal-style austerity... then also violate neoliberal principles through protectionism? This isn't just following a bad plan, this is following no plan. Also, I really don't see how deliberately making your workforce poorer and less educated will somehow produce 'new sources of value'.
34
TheSovietOnion [none/use name] - 3w
That's a lot of words to say they're gonna do fascism and colonialism. I wonder how long until labor camps become the norm in the west, for the sake of "competitivity against China" (i.e. shareholder profits)
19
Krem [he/him, they/them] - 3w
less welfare and less regulation
WOW who would have guessed
hey citizens of europe, if you're feeling cold and hungry, if your lungs hurt from breathing poison, yes it's not ideal but it's either this or china wins (pay no attention to all the billionaires)
15
RedSturgeon [she/her] - 3w
wreck your welfare policies
neoliberal-style austerity
I mean, they've done this plan before. It's not really that unexpected they'd do it again. You have to understand they'd rather be driven into a bunker while sacrificing their entire country, than give up their lavish lifestyles. It is impossible to reason with these people. I'm sorry.
13
☆ Yσɠƚԋσʂ ☆ - 3w
the west is turning into a hermit kingdom because it can't compete with China on the global stage
13
plinky [he/him] - 3w
mr. stapleton predicts these things:
l. c., pp. 70, 71. Note in the 3rd German edition: today, thanks to the competition on the world-market, established since then, we have advanced much further. “If China,” says Mr. Stapleton, M.P., to his constituents, “should become a great manufacturing country, I do not see how the manufacturing population of Europe could sustain the contest without descending to the level of their competitors.” (Times, Sept. 3, 1873, p. 8.) The wished-for goal of English capital is no longer Continental wages but Chinese.
yogthos in memes
China is making trade impossible
https://hexbear.net/api/v3/image_proxy?url=https%3A%2F%2Flemmygrad.ml%2Fpictrs%2Fimage%2Fc363eca2-6835-498b-b132-c8251360195a.jpeghttps://archive.is/Bqlf0
So the plan is to wreck your welfare policies with neoliberal-style austerity... then also violate neoliberal principles through protectionism? This isn't just following a bad plan, this is following no plan. Also, I really don't see how deliberately making your workforce poorer and less educated will somehow produce 'new sources of value'.
That's a lot of words to say they're gonna do fascism and colonialism. I wonder how long until labor camps become the norm in the west, for the sake of "competitivity against China" (i.e. shareholder profits)
WOW who would have guessed
hey citizens of europe, if you're feeling cold and hungry, if your lungs hurt from breathing poison, yes it's not ideal but it's either this or china wins (pay no attention to all the billionaires)
I mean, they've done this plan before. It's not really that unexpected they'd do it again. You have to understand they'd rather be driven into a bunker while sacrificing their entire country, than give up their lavish lifestyles. It is impossible to reason with these people. I'm sorry.
the west is turning into a hermit kingdom because it can't compete with China on the global stage
mr. stapleton predicts these things: