That doesn’t make any sense, though. The PRC has a Socialist Market Economy, while the US is diving into Neoliberalism and austerity, and relies on Financial Capital (and Imperialism, by extension) while China relies on Industrial Capital.
I don’t see this as the USA turning into China. China has many problematic aspects, and being an immigrant or an LGBTQ+ person in China is probably not fun, but China at this point is less stupid and understands competitiveness. China would not defund all its science overnight, hamstring its technology and trash its whole economy with tariffs on goods it cannot produce domestically, withdraw vaccines in the face of new epidemics, and cancel sustainable energy projects and funding while denying climate science. The new US Government is just shooting the country in the foot again and again.
Removed by mod
Sees America doing American things in an extremely American way:
“What are we, a bunch of Asians!”
That doesn’t make any sense, though. The PRC has a Socialist Market Economy, while the US is diving into Neoliberalism and austerity, and relies on Financial Capital (and Imperialism, by extension) while China relies on Industrial Capital.
I don’t see this as the USA turning into China. China has many problematic aspects, and being an immigrant or an LGBTQ+ person in China is probably not fun, but China at this point is less stupid and understands competitiveness. China would not defund all its science overnight, hamstring its technology and trash its whole economy with tariffs on goods it cannot produce domestically, withdraw vaccines in the face of new epidemics, and cancel sustainable energy projects and funding while denying climate science. The new US Government is just shooting the country in the foot again and again.