this post was submitted on 14 Sep 2023
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Antiwork

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CEO says COVID gave us bad habits, prescribes unemployment of 40-50% (twitter.com)
submitted 1 year ago by [email protected] to c/[email protected]
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Property developer and CEO Tim Gurner: "We need to see unemployment rise. Unemployment has to jump 40, 50 percent in my view. We need to see pain in the economy. We need to remind people that they work for the employer, not the other way around."

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[–] [email protected] 2 points 1 year ago (1 children)

Was that enough to turn the country into a net importer? I thought the general mismanagement was the bigger problem.

[–] [email protected] 2 points 1 year ago (1 children)

General mismanagement? They went from a feudal dirt based monarchy to the first spacefairing civilization in a lifetime. Their management was far better than ours. We just had a head start and the power to do more evil.

[–] [email protected] 2 points 1 year ago (1 children)

And yet China managed to survive. Of course there are external factors but it's important to know which internal decisions could have led to success.

Processors, internet, renewable energy, etc. Maybe winning the space race prevented success in other areas?

[–] [email protected] 0 points 1 year ago (1 children)

Stalin should not have stopped till the sea. China is willing to do what it takes to win. They have cut deals with evil countries to get resources to allow them to become the next hegemony. The US might never have stayed on top for quite some time if China had not seized the means of production

[–] [email protected] 2 points 1 year ago

The atomic bomb, Stalin had to stop.

But that suggests that capitalistic meddling brought the sovjet union down. The primary question should be how the sovjet union could have kept the lead.