▲ 480 ▼ Biden calls China a 'ticking time bomb' due to economic troubles (ground.news) submitted 3 years ago by Fissionami@lemmy.ml to c/worldnews@lemmy.ml 983 comments fedilink hide all child comments
[+] uralsolo@hexbear.net 35 points 3 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] happyandhappy@hexbear.net 25 points 3 years ago (1 child) im not an expert in political economy, but if you read the article he goes into a lot of specific reasons why china is still in a great position in regards to the future, although it will take responsible leadership that pushes back against mainstream neoclassical economics. permalink fedilink source parent hideshow 2 child comments replies: [–] zephyreks@lemmy.ca -2 points 3 years ago (6 children) Neoliberalism has been a failure for the actual population. It's decoupled economic growth from improved quality of life. Meanwhile, social democracies in Europe are showing that other models are practical and viable. permalink fedilink source parent hideshow 12 child comments replies: [–] MultigrainCerealista@hexbear.net 27 points 3 years ago Which European country isn’t pursuing neoliberal economics? permalink fedilink source parent [–] brain_in_a_box@hexbear.net 24 points 3 years ago Practical and viable so long as you have a massive base of exploited labour in Africa and Asia to prop you up. permalink fedilink source parent [–] GaveUp@hexbear.net 19 points 3 years ago* GDP Annual Growth Rate in European Union averaged 1.70 percent from 1996 until 2023 https://tradingeconomics.com/european-union/gdp-annual-growth-rate GDP Growth Rate in Euro Area averaged 0.37 percent from 1995 until 2023 Source: https://tradingeconomics.com/euro-area/gdp-growth permalink fedilink source parent [–] Frank@hexbear.net 17 points 3 years ago (1 child) Social Democracies in Europe are showing that you can keep people complacent as long as the oil and the african gold don't run out. Whoopsie. permalink fedilink source parent hideshow 2 child comments replies: [–] zephyreks@lemmy.ca -1 points 3 years ago (2 children) Must be forgetting about Finland, whoopsie. permalink fedilink source parent hideshow 4 child comments replies: [–] ComradeChairmanKGB@lemmygrad.ml 13 points 3 years ago You don't think Finland benefits from the victimization of the global south? permalink fedilink source parent [–] Frank@hexbear.net 11 points 3 years ago Yeah, "countries" the size of an American suburb don't matter. Euros are always like "but what about shitsteinburg, a country with a proud national tradition and a population of 37!" Nobody cares. permalink fedilink source parent [–] happyandhappy@hexbear.net 10 points 3 years ago* (1 child) neoliberalism is a function of capitalism's contradiction of requiring constant exponential growth. in an infinite timeline neoliberalism will sadly completely consume any semblance of "social democracy", and you can already see even the classic european social democracies are beginning to eat away at and privatize their welfare states. other people are also pointing out unequal exchange, which is a critical concept to factor into the equation when trying to understand where the wealth of the european social democracies come from. https://www.youtube.com/watch?v=rjLmYCfKU7o this video is a really good short primer on the topic! permalink fedilink source parent hideshow 2 child comments replies: [–] PipedLinkBot@feddit.rocks [B] 1 point 3 years ago Here is an alternative Piped link(s): https://piped.video/watch?v=rjLmYCfKU7o Piped is a privacy-respecting open-source alternative frontend to YouTube. I'm open-source, check me out at GitHub. permalink fedilink source parent [+] ElHexo@hexbear.net 10 points 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[–] happyandhappy@hexbear.net 25 points 3 years ago (1 child) im not an expert in political economy, but if you read the article he goes into a lot of specific reasons why china is still in a great position in regards to the future, although it will take responsible leadership that pushes back against mainstream neoclassical economics. permalink fedilink source parent hideshow 2 child comments replies: [–] zephyreks@lemmy.ca -2 points 3 years ago (6 children) Neoliberalism has been a failure for the actual population. It's decoupled economic growth from improved quality of life. Meanwhile, social democracies in Europe are showing that other models are practical and viable. permalink fedilink source parent hideshow 12 child comments replies: [–] MultigrainCerealista@hexbear.net 27 points 3 years ago Which European country isn’t pursuing neoliberal economics? permalink fedilink source parent [–] brain_in_a_box@hexbear.net 24 points 3 years ago Practical and viable so long as you have a massive base of exploited labour in Africa and Asia to prop you up. permalink fedilink source parent [–] GaveUp@hexbear.net 19 points 3 years ago* GDP Annual Growth Rate in European Union averaged 1.70 percent from 1996 until 2023 https://tradingeconomics.com/european-union/gdp-annual-growth-rate GDP Growth Rate in Euro Area averaged 0.37 percent from 1995 until 2023 Source: https://tradingeconomics.com/euro-area/gdp-growth permalink fedilink source parent [–] Frank@hexbear.net 17 points 3 years ago (1 child) Social Democracies in Europe are showing that you can keep people complacent as long as the oil and the african gold don't run out. Whoopsie. permalink fedilink source parent hideshow 2 child comments replies: [–] zephyreks@lemmy.ca -1 points 3 years ago (2 children) Must be forgetting about Finland, whoopsie. permalink fedilink source parent hideshow 4 child comments replies: [–] ComradeChairmanKGB@lemmygrad.ml 13 points 3 years ago You don't think Finland benefits from the victimization of the global south? permalink fedilink source parent [–] Frank@hexbear.net 11 points 3 years ago Yeah, "countries" the size of an American suburb don't matter. Euros are always like "but what about shitsteinburg, a country with a proud national tradition and a population of 37!" Nobody cares. permalink fedilink source parent [–] happyandhappy@hexbear.net 10 points 3 years ago* (1 child) neoliberalism is a function of capitalism's contradiction of requiring constant exponential growth. in an infinite timeline neoliberalism will sadly completely consume any semblance of "social democracy", and you can already see even the classic european social democracies are beginning to eat away at and privatize their welfare states. other people are also pointing out unequal exchange, which is a critical concept to factor into the equation when trying to understand where the wealth of the european social democracies come from. https://www.youtube.com/watch?v=rjLmYCfKU7o this video is a really good short primer on the topic! permalink fedilink source parent hideshow 2 child comments replies: [–] PipedLinkBot@feddit.rocks [B] 1 point 3 years ago Here is an alternative Piped link(s): https://piped.video/watch?v=rjLmYCfKU7o Piped is a privacy-respecting open-source alternative frontend to YouTube. I'm open-source, check me out at GitHub. permalink fedilink source parent [+] ElHexo@hexbear.net 10 points 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[–] zephyreks@lemmy.ca -2 points 3 years ago (6 children) Neoliberalism has been a failure for the actual population. It's decoupled economic growth from improved quality of life. Meanwhile, social democracies in Europe are showing that other models are practical and viable. permalink fedilink source parent hideshow 12 child comments replies: [–] MultigrainCerealista@hexbear.net 27 points 3 years ago Which European country isn’t pursuing neoliberal economics? permalink fedilink source parent [–] brain_in_a_box@hexbear.net 24 points 3 years ago Practical and viable so long as you have a massive base of exploited labour in Africa and Asia to prop you up. permalink fedilink source parent [–] GaveUp@hexbear.net 19 points 3 years ago* GDP Annual Growth Rate in European Union averaged 1.70 percent from 1996 until 2023 https://tradingeconomics.com/european-union/gdp-annual-growth-rate GDP Growth Rate in Euro Area averaged 0.37 percent from 1995 until 2023 Source: https://tradingeconomics.com/euro-area/gdp-growth permalink fedilink source parent [–] Frank@hexbear.net 17 points 3 years ago (1 child) Social Democracies in Europe are showing that you can keep people complacent as long as the oil and the african gold don't run out. Whoopsie. permalink fedilink source parent hideshow 2 child comments replies: [–] zephyreks@lemmy.ca -1 points 3 years ago (2 children) Must be forgetting about Finland, whoopsie. permalink fedilink source parent hideshow 4 child comments replies: [–] ComradeChairmanKGB@lemmygrad.ml 13 points 3 years ago You don't think Finland benefits from the victimization of the global south? permalink fedilink source parent [–] Frank@hexbear.net 11 points 3 years ago Yeah, "countries" the size of an American suburb don't matter. Euros are always like "but what about shitsteinburg, a country with a proud national tradition and a population of 37!" Nobody cares. permalink fedilink source parent [–] happyandhappy@hexbear.net 10 points 3 years ago* (1 child) neoliberalism is a function of capitalism's contradiction of requiring constant exponential growth. in an infinite timeline neoliberalism will sadly completely consume any semblance of "social democracy", and you can already see even the classic european social democracies are beginning to eat away at and privatize their welfare states. other people are also pointing out unequal exchange, which is a critical concept to factor into the equation when trying to understand where the wealth of the european social democracies come from. https://www.youtube.com/watch?v=rjLmYCfKU7o this video is a really good short primer on the topic! permalink fedilink source parent hideshow 2 child comments replies: [–] PipedLinkBot@feddit.rocks [B] 1 point 3 years ago Here is an alternative Piped link(s): https://piped.video/watch?v=rjLmYCfKU7o Piped is a privacy-respecting open-source alternative frontend to YouTube. I'm open-source, check me out at GitHub. permalink fedilink source parent [+] ElHexo@hexbear.net 10 points 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[–] MultigrainCerealista@hexbear.net 27 points 3 years ago Which European country isn’t pursuing neoliberal economics? permalink fedilink source parent
[–] brain_in_a_box@hexbear.net 24 points 3 years ago Practical and viable so long as you have a massive base of exploited labour in Africa and Asia to prop you up. permalink fedilink source parent
[–] GaveUp@hexbear.net 19 points 3 years ago* GDP Annual Growth Rate in European Union averaged 1.70 percent from 1996 until 2023 https://tradingeconomics.com/european-union/gdp-annual-growth-rate GDP Growth Rate in Euro Area averaged 0.37 percent from 1995 until 2023 Source: https://tradingeconomics.com/euro-area/gdp-growth permalink fedilink source parent
[–] Frank@hexbear.net 17 points 3 years ago (1 child) Social Democracies in Europe are showing that you can keep people complacent as long as the oil and the african gold don't run out. Whoopsie. permalink fedilink source parent hideshow 2 child comments replies: [–] zephyreks@lemmy.ca -1 points 3 years ago (2 children) Must be forgetting about Finland, whoopsie. permalink fedilink source parent hideshow 4 child comments replies: [–] ComradeChairmanKGB@lemmygrad.ml 13 points 3 years ago You don't think Finland benefits from the victimization of the global south? permalink fedilink source parent [–] Frank@hexbear.net 11 points 3 years ago Yeah, "countries" the size of an American suburb don't matter. Euros are always like "but what about shitsteinburg, a country with a proud national tradition and a population of 37!" Nobody cares. permalink fedilink source parent
[–] zephyreks@lemmy.ca -1 points 3 years ago (2 children) Must be forgetting about Finland, whoopsie. permalink fedilink source parent hideshow 4 child comments replies: [–] ComradeChairmanKGB@lemmygrad.ml 13 points 3 years ago You don't think Finland benefits from the victimization of the global south? permalink fedilink source parent [–] Frank@hexbear.net 11 points 3 years ago Yeah, "countries" the size of an American suburb don't matter. Euros are always like "but what about shitsteinburg, a country with a proud national tradition and a population of 37!" Nobody cares. permalink fedilink source parent
[–] ComradeChairmanKGB@lemmygrad.ml 13 points 3 years ago You don't think Finland benefits from the victimization of the global south? permalink fedilink source parent
[–] Frank@hexbear.net 11 points 3 years ago Yeah, "countries" the size of an American suburb don't matter. Euros are always like "but what about shitsteinburg, a country with a proud national tradition and a population of 37!" Nobody cares. permalink fedilink source parent
[–] happyandhappy@hexbear.net 10 points 3 years ago* (1 child) neoliberalism is a function of capitalism's contradiction of requiring constant exponential growth. in an infinite timeline neoliberalism will sadly completely consume any semblance of "social democracy", and you can already see even the classic european social democracies are beginning to eat away at and privatize their welfare states. other people are also pointing out unequal exchange, which is a critical concept to factor into the equation when trying to understand where the wealth of the european social democracies come from. https://www.youtube.com/watch?v=rjLmYCfKU7o this video is a really good short primer on the topic! permalink fedilink source parent hideshow 2 child comments replies: [–] PipedLinkBot@feddit.rocks [B] 1 point 3 years ago Here is an alternative Piped link(s): https://piped.video/watch?v=rjLmYCfKU7o Piped is a privacy-respecting open-source alternative frontend to YouTube. I'm open-source, check me out at GitHub. permalink fedilink source parent
[–] PipedLinkBot@feddit.rocks [B] 1 point 3 years ago Here is an alternative Piped link(s): https://piped.video/watch?v=rjLmYCfKU7o Piped is a privacy-respecting open-source alternative frontend to YouTube. I'm open-source, check me out at GitHub. permalink fedilink source parent
[+] ElHexo@hexbear.net 10 points 3 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent