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malvim | 2 months ago

Yes, such are capitalism’s incentives, I’m afraid.

But this could have been managed. FDR managed it, other governments somewhat managed it with policy in times of war, like WW2.

The US had the technology edge for DECADES. More industrialization would lead to more inovation and more jobs. They could invest in factories and the like, and even marketing, since “american made” has always been a fine talking point for companies. But it was cheaper in the short term to ship it to China and just not care about the future.

The governments didn’t care, the companies (owners, shareholders) certainly didn’t care, and as a result, decades later, they’re stuck with fascism. Which I don’t think they care about either.

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