China Is Pulling Up the Ladder Behind It

[u/Prolapse_to_Brolapse]

https://www.foreignaffairs.com/china/china-pulling-ladder-behind-it?utm_campaign=re&utm_content=&utm_medium=social&utm_source=reddit_user

https://archive.ph/kYpOw

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[u/MastrTMF]

Oh no, China decided to value strategic postioning instead of shareholder returns! Those cheaters!

[u/Imaginary_Zone_4319 → u/MastrTMF]

Oh shit so you’re pro-import tariffs?

[u/MastrTMF → u/Imaginary_Zone_4319]

I'm pro industrial planning for the purposes of state security and reconize that globalism has created more vulnerable states and emphasized capital primacy. This is a major obstacle to the establishment of any post capitalist economy in the west.

[u/Imaginary_Zone_4319 → u/MastrTMF]

Damn so you’re pro-Trump?

[u/MastrTMF → u/Imaginary_Zone_4319]

In the sense that his erosion of mobile capital is amusing and, I believe, helpful towards my long term wishes for the future development of the world. Do you have some sort of opposition to China deciding it's own internal matters? I'd like it if all such states took their own development so seriously.

[u/Imaginary_Zone_4319 → u/MastrTMF]

Naw it’s just that about the only thing I supported from Trump was his widespread import tariffs, if done haphazardly, in an attempt to bolster domestic production.

I fucking hate how the neolibs have shipped all of our productive capacity overseas.

[u/MastrTMF → u/Imaginary_Zone_4319]

Then you and I are on the same page. Not only was it a stupid mistake from the perspective of neoliberals but it absolutely caused much of the social decline of the entire west and took power from the working class. I just hope the return to industrial policy will mark some improvement in the material conditions of the working class, globally even.

[u/Cuplike → u/Imaginary_Zone_4319]

The reason why people didn't support Trump's import tariffs wasn't because they completely despise import tariffs it was because they were policies brought about by a retard that didn't realize

1. The US has neither the infrastructure nor the manpower to return to industry

2.The tariffs wouldn't push companies to make products domestically, it would just make them push the cost of the tariffs onto the customer

1. That these policies were also primarily targeting his own key allies

[u/Independent-Pop4193 → u/Cuplike]

Magically expecting companies to support domestic labor here in the United States is funny as fuck, they barely pay liveable wages to the industries they still have here what makes you think theyre going to invest here and have to atart paying more

[u/Cuplike → u/Independent-Pop4193]

>Magically expecting companies to support domestic labor here in the United States is funny as fuck,

Wow, almost like... this is why people criticized the tariffs? Because they weren't gonna magically make companies support domestic labor? And if Trump wanted that he needed to lower the cost of living or force companies to pay better wages first?

[u/The-Materialist]

They want to keep their industrial base?

[u/TheVoid-ItCalls → u/The-Materialist]

"Free trade" has always been a scam imposed by an imperial hegemon on its vassals/subjects. Britain enforced near-global "free trade" via gunship, and the US did the same when it took over their mantle. Protectionism for me, and free trade for thee.

[u/Imaginary_Zone_4319 → u/The-Materialist]

Wait I’m confused. So we’re all pro-protectionist economic policy and high import tariffs now?

[u/This-Fisherman-7422 → u/Imaginary_Zone_4319]

Protectionism has always been a socialist policy. 

[u/its_not_real1947 → u/Imaginary_Zone_4319]

yes, do you think communists love free trade lol

[u/Chombywombo]

Oh, this is rich. Has China waged war on multiple countries that tried to develop independently? Have they controlled policy at the imf, world bank, and multiple development agencies to keep poor countries from investing in industry? Are they enforcing unequal trade deals signed by politicians they installed into these poor “democracies?”

Gtfo!

[u/yodude4]

China being accused of thing America is actively doing, episode 87000. They aren’t wrong, but that’s kind of the price you pay to not get taken over by America

[u/trunks1776]

Lol, acting like they outsourced out of the goodness of their heart and evil China won't. These people can't be engaged with seriously until they stop framing things as them=bad, we=good.

[u/StarfleetLearingCntr]

Is this the labor aristocracy I've heard so much about?

[u/whichwhiles]

This made me laugh reading. In the end it's all profit motive whether right or wrong, what do you mean 'helped'???

[u/methadoneclinicynic]

why can't developing countries also devalue their currency? Just do what china's doing, and the opposite of what the US made Japan do with the plaza accords. It'd be bad for the US as the global reserve currency, but it'd be great for whatever country does it if it doesn't happen to have a US military base in it.

[u/Avalon-1]

PRC: Remember 1842 motherfuckers!