There is implicit isolation when resources should remain the same for American workers. When you have global communism, resources would be shared which means there is significantly less available.
No, there’s no implicit isolation here. What’s being said is that local industry should be preferred. You don’t seem to understand even the very basic concept of what communism is or how it works. Communism is when people living on the land share their labour and resources for common benefit. Global communism simply means that majority of the world follows the same model.
The reason production should be local is because people doing the work are working in their own interest and for their own benefit by virtue of owning the means of production.
But when capitalism collapses, will there be communism or will there be wars redistributing resources? That’s what I meant with the expectation that the world will not just watch.
As, I’ve repeatedly explained above, communism isn’t a necessary outcome of capitalism collapsing. The other obvious alternative is fascism as it happened when there was a capitalist collapse in Germany in 1930s.
China receives most of the outsourcing and thus received most of the wealth. Other countries just increased their population which keeps the number of people in powerty the same.
China increased its wealth by focusing on productive activity in China. This has little to do with outsourcing. If outsourcing was the main reason standard of living in China is improving then we’d see that happening in every other country the west outsources to, yet the opposite is happening.
From my point of view you are stuck in a desire to keep capitalism as bad as possible so that the communist revolution happens as soon as possible. But capitalism isn’t the single source of evil and actually has positive outcomes.
I’ve repeatedly explained to you above that the very mechanics of capitalist relations are what leads to poor conditions under capitalism. You can read this book from Ray Dalio, who is a very successful capitalist discussing this if you don’t trust the communist perspective.
The mechanic is not complex, and it’s well illustrated by the game of monopoly. Everybody starts with equal opportunity, and as the game progresses through capitalist competition a single player ends up with all the resources. This is precisely what we see happening in the real world. Successful capitalist enterprises grow by outcompeting the rest, and this results in capital concentration.
On top of that, capitalism produces crashes roughly once a decade as we saw with Y2K crash, then 2008 crash, and now the current crash. During each of these crashes there’s a rapid wealth transfer to the top as well. People lose savings, homes, and property because they can’t make ends meet, and those people who own significant capital end up buying up the assets people are forced to forfeit. So, when a crash happens majority becomes more poor and in a worse position to weather the next crash. Eventually things get to the point where people simply don’t have much to lose and violence starts.
Take that outsourcing text. It tells you that capitalists don’t want to invest into capital intensive businesses, which is funny by itself. We started with cooperatives that should issue bonds. Don’t you see the opportunity that capitalist could support cooperatives to run those businesses?
I don’t think you understood what the article was actually saying which is that financial capitalists want to minimize their risk and maximize their profits. Investing in real productive industry is both risky and expensive. You have to build factories, buy machinery, hire workers to operate it, and so on. This is a big initial investment, and if it doesn’t work out you’re stuck with a big loss. On the other hand, investing in ephemeral industries like software development is a very low initial cost, you just hire a few guys with laptops. You can invest in a whole bunch of these startups, and if one of them makes it big then you get a huge return. This is the silicon valley model. Not only that, but the company doesn’t even have to have a viable business model. It’s a pyramid scheme in practice because you just need the company to have a high valuation when the IPO happens and cash out. This is how we end up with companies like Uber that aren’t actually profitable and have no path towards being profitable, but are valuated at billions of dollars.
I know, I should do it myself. But I am more the capital relations kind of person which makes it very difficult for me to run a cooperative. All I can do is tell you that there is an opportunity.
So that you’re saying is that you don’t actually believe in what you’re saying enough to put your money where your mouth is.
No, there’s no implicit isolation here. What’s being said is that local industry should be preferred. You don’t seem to understand even the very basic concept of what communism is or how it works. Communism is when people living on the land share their labour and resources for common benefit. Global communism simply means that majority of the world follows the same model.
The reason production should be local is because people doing the work are working in their own interest and for their own benefit by virtue of owning the means of production.
As, I’ve repeatedly explained above, communism isn’t a necessary outcome of capitalism collapsing. The other obvious alternative is fascism as it happened when there was a capitalist collapse in Germany in 1930s.
China increased its wealth by focusing on productive activity in China. This has little to do with outsourcing. If outsourcing was the main reason standard of living in China is improving then we’d see that happening in every other country the west outsources to, yet the opposite is happening.
I’ve repeatedly explained to you above that the very mechanics of capitalist relations are what leads to poor conditions under capitalism. You can read this book from Ray Dalio, who is a very successful capitalist discussing this if you don’t trust the communist perspective.
The mechanic is not complex, and it’s well illustrated by the game of monopoly. Everybody starts with equal opportunity, and as the game progresses through capitalist competition a single player ends up with all the resources. This is precisely what we see happening in the real world. Successful capitalist enterprises grow by outcompeting the rest, and this results in capital concentration.
On top of that, capitalism produces crashes roughly once a decade as we saw with Y2K crash, then 2008 crash, and now the current crash. During each of these crashes there’s a rapid wealth transfer to the top as well. People lose savings, homes, and property because they can’t make ends meet, and those people who own significant capital end up buying up the assets people are forced to forfeit. So, when a crash happens majority becomes more poor and in a worse position to weather the next crash. Eventually things get to the point where people simply don’t have much to lose and violence starts.
I don’t think you understood what the article was actually saying which is that financial capitalists want to minimize their risk and maximize their profits. Investing in real productive industry is both risky and expensive. You have to build factories, buy machinery, hire workers to operate it, and so on. This is a big initial investment, and if it doesn’t work out you’re stuck with a big loss. On the other hand, investing in ephemeral industries like software development is a very low initial cost, you just hire a few guys with laptops. You can invest in a whole bunch of these startups, and if one of them makes it big then you get a huge return. This is the silicon valley model. Not only that, but the company doesn’t even have to have a viable business model. It’s a pyramid scheme in practice because you just need the company to have a high valuation when the IPO happens and cash out. This is how we end up with companies like Uber that aren’t actually profitable and have no path towards being profitable, but are valuated at billions of dollars.
So that you’re saying is that you don’t actually believe in what you’re saying enough to put your money where your mouth is.