this post was submitted on 28 Jan 2025
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[–] [email protected] 19 points 2 days ago (5 children)

Y'all know why the US is freaking out about Chinese innovation? Because America decided stock prices were of the utmost importance and stopped innovating a long time ago. They really only pissed off because China is playing a different game (the game we originally stomped them at) and kicking our asses in the process. Maybe if we stopped playing the market and started making good shit again, we'd have less to complain about.

[–] [email protected] 5 points 2 days ago (1 children)
[–] [email protected] 4 points 2 days ago* (last edited 2 days ago)

That site seems to be down. https://web.archive.org/web/20241223232809/https://americanaffairsjournal.org/2021/08/the-value-of-nothing-capital-versus-growth/

And in today’s America, that would require extraordinary and unprecedented magnanimity on the part of the oligarchs.

“In today’s America” nothing: the oligarchs wrote the constitution over two centuries ago, so their ascendancy is baked in.

[–] [email protected] 3 points 2 days ago

Billionaires engineered all of this. The whole stock price over innovation mindset was to extract American wealth and cripple American power. They want no power to exist that can reign in their own power. The battle for equity never ends. The billionaires and their ghouls never stop. Never trust the government to stay honest, we have to keep them honest.

https://en.wikipedia.org/wiki/Dark_Money_(book)

[–] [email protected] 9 points 2 days ago

After decades of dismantling education and raising xenophobia? Doable but it wont be easy and the results will take years. The US doesn't have the ability for long term commitments given how widely policy can swing from one administration to another.

[–] [email protected] 11 points 2 days ago* (last edited 2 days ago) (1 children)

They really only pissed off because China is playing a different game (the game we originally stomped them at) and kicking our asses in the process.

  1. China is not playing the game the US originally did and still is: settler-colonialism^1^, slavery^2^, and imperialism^3^.
  2. The US didn’t “stomp” China, the UK did: https://en.wikipedia.org/wiki/Century_of_humiliation

.
^1^ https://en.wikipedia.org/wiki/Racism_against_Native_Americans_in_the_United_States#Current_issues
^2^ https://en.wikipedia.org/wiki/Penal_labor_in_the_United_States
^3^ https://en.prolewiki.org/wiki/Neocolonialism

[–] [email protected] 8 points 2 days ago

A lot of people forget that the US got wealthy through colonialism and slavery. Then that wealth was used to build up education and other institutions. Somehow though they decided to squander all of that and dismantle any progress made.

[–] [email protected] 2 points 2 days ago