• 25 Posts
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Joined 2 years ago
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Cake day: July 5th, 2023

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  • Why would Donnie protect Taiwan if he already has 50% of the chip production on-shore? Having 50% likely means having a completely Taiwan-independent supply chain. I feel like the only thing Donnie would achieve by pressing this issue is Taiwan’s people shifting towards negotiations with PRC.

    If the Taiwanese feel there’s no deterrent against invasion on their side, then they’d feel there’s little to stop China from taking them over over when they decide to. Then the question becomes how would that takeover look like. Violent, non-violent, autonomy, no autonomy, and so on. Getting a good deal becomes less likely as time goes by and China catches up on the high tech front. So they’d prolly go for it sooner rather than later. Donnie can’t help himself from helping his sworn enemies can he.


  • Yeah I’m not going into the fake numbers debate. You choose to believe the numbers you believe. I made a specific point since the topic was factory automation which typiclly has effects on wages, productivity and employment. To me the trend in wages is the most interesting. Especially given the context of automation so far. If you believe the numbers, wages are rising rapidly. If the trend continues they will close the gap with us. Adjusted for PPP they’re almost at Greece’s average wage level. If you believe the numbers.




  • This is why I think the narrative that China’s economy is going to collapse due to losing workers over time because of their demographics is false. I think the engineers running China are going to turn to mass automation and AI to increase their workforce’s labour productivity and maintain the ability to make everything.

    Whether the Chinese workers would be able to capture more of that higher productivity than their western counterparts is an open question. Given some numbers I’ve seen, so far they have done better in this regard. But I imagine the Chinese capitalist class would be fighting tooth and nail to change that.








  • It’s not that socialism is a silver bullet that eliminates racism. It’s that capitalism makes it virtually impossible to stop competing for profit growth. This turns more nature and human labour into things, even if we throw those things away. That drives much higher exploitation of resources and people than needed to have decent average standard of living. And when some people organize to stop their own explotation, racism is deployed by capitalists to exploit more the groups that didn’t.

    Socialism allows to stop the unlimited profit growth cycle and thus decrease the intensity of exploitation, which allows decreasing or stopping the explotation on the basis of racism. Doesn’t guarantee it but it surely makes it likely. Capitalism makes the opposite likely.

    And that’s before we consider class consciousness’ effects on people.