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To get free stuff you have to get free stuff. Why would you manufacture stuff, at great expense, when you're getting it for free? That makes no capitalistic sen
by immibis 8mo ago
To get free stuff you have to get free stuff. Why would you manufacture stuff, at great expense, when you're getting it for free? That makes no capitalistic sense.
- disgruntledphd2 8mo agoBecause ultimately humans are not homo econonimus, and many citizens of the west won't be able to get jobs in tech/finance/services. It's a societal issue rather than a capitalist issue.
- immibis 8mo agoWe live in a capitalism. If something makes capitalistic sense it happens, otherwise it doesn't. Stuff will not be manufactured locally at great expense when it can instead be imported for free.
- DangitBobby 8mo agoWhich is why everyone in the US who wants an affordable EV is currently driving a Chinese car.
- disgruntledphd2 8mo ago> We live in a capitalism The absence of capital controls is a political choice that people appear to believe is just a law of the world. If there were capital controls then local manufacturing makes more sense. It would kill the US stock market so it's unlikely to happen, but personally I don't see how unrestricted capital and restricted labour is anything but a recipe for disaster (the consequences of which we've seen in the US and Europe since the financial crisis).