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Even neoliberal economist Paul Krugman admits China is not only ahead, but US is unlikely to catch up even if the GOP loses power in 2028. (paulkrugman.substack.com)
submitted 10 months ago* (last edited 10 months ago) by to c/economics@lemmygrad.ml
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[–] 28 points 10 months ago (2 children)

In retrospect those fears were overblown. When Communism fell, we learned that the Soviet economy was far less advanced than many had believed.

“It was foolish to ever think the Soviets could have ever beaten us just because they beat us.” Why is he like this?

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  • [–] 19 points 10 months ago

    Neoliberals just need to cope through past counterrevolutionary glory, let them. Their lies-based order is already crumbling, and every sane person is sooner or later going to become disillusioned by the ideology they spent trillions across decades propping up.

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