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[+] -34 points 7 months ago (24 children)

China is the evil economy.
Boost their own, flood foreign.

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  • [–] 43 points 7 months ago (11 children)

    What do you mean "evil economy?" Is producing goods a bad thing?

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  • [+] -29 points 7 months ago (8 children)

    Flooding foreign economies with cheap subventioned goods so the domestic can't compete and go out of business and thus increasing dependency in you.
    Yes, I'd say this is bad.

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  • [–] 40 points 7 months ago

    This is just cope, though. China has better industrial capacity, and can produce high quality goods for lower prices because of this. It isn't because of evil, it's because China as a socialist economy is surpassing capitalist economies.

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  • [–] 37 points 7 months ago (4 children)
  • [–] 34 points 7 months ago* (3 children)

    It is a pretty bad deal for Western workers that our economies have deindustrialized. But that's not China's fault, that's our ruling classes' fault.

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  • [–] 5 points 7 months ago (2 children)

    Deindustrialization itself isn't really bad. It's a neutral thing.

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  • [–] 13 points 7 months ago

    I would argue that it is in fact bad because it's a threat to national security and sovereignty. The Europeans are now finding out that they're unable to produce things domestically that their people need, and have become entirely reliant on US energy exports and military protection.

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  • [–] 31 points 7 months ago

    The goods produced in China are cheap because Western economies made a bet that they'd come out ahead by moving their capital out of their own economies and into China. China won the bet instead of them and now has more productive capacity than the West. Why is it China's fault that the West had poor foresight and deindustrialized itself in exchange for short term profits? Should Chinese workers have remained poor forever instead of benefiting from Western investments?

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  • [–] 21 points 7 months ago

    China isn't forcing anybody to buy their goods at gunpoint last I checked. The fact that western markets are unable to produce comparable goods at the same prices is entirely the problem with the way western economies are structured. The whole premise for loosely regulated markets was that they were supposed to be more efficient than state planning, turns out that was a big fat lie. So now the dumb fucks in the west are crying that their failed economic model can't compete with China. Tough!

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  • [–] 37 points 7 months ago (10 children)

    What are you talking about. What country doesn't want to boost their economy???

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  • [+] -26 points 7 months ago (9 children)

    Between an exchange of goods and services and flooding it by subventiontioning to suppress the competition is teensy tiny difference, no?

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  • [–] 39 points 7 months ago (8 children)

    This is called a "skill issue" on the hand of western imperialists that can't compete. Stop framing doing better as being evil.

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  • [+] -26 points 7 months ago (5 children)

    Evil is in the eye of the beholder.

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  • [–] 28 points 7 months ago

    Evil is the invisible hand of the market fisting the ass of your country, who send their production to a foreign country, and then start crying because they get better after decades of doing what guys should have being doing all along.

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  • [–] 23 points 7 months ago

    Explain how it's evil to allow the US companies to move their production out of the US? The US corporations could have kept industry here, but they decided to fuck themselves over so that a few shareholders' margins went up by a few percentage points. That wasn't China being malicious, that's the US lacking any sense of foresight while being blinded by greed.

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