I’m not sure how you can call for the demise of capitalism while defending the worst parts of it here. This “economic velocity” is only good for the capitalists and what China is doing can only be described as capitalism.
The automotive industry employs millions of workers in the US at both domestic and foreign companies, and decimating that industry only to concentrate and centralize it somewhere else in the world is going to put those people out of work as well as creating a domino effect on the economy where all those dollars disappear from circulation. Capitalists will survive that but those workers won’t, nor will the places where those workers spend their money currently.
What you’re arguing for is essentially an entity like Walmart (China) moving into town and killing all its competitors by making it impossible to compete with them. We can see exactly how that scenario plays out in thousands of cities and towns across the US. Those “low prices” come at a steep cost for everyone involved except the capitalists running the business.
I have no issue with China selling cars here, but I do take issue with them rigging the game in their favor at our expense, which is why I support protection for the entire industry not just for US companies alone.
I’m not sure how you can call for the demise of capitalism while defending the worst parts of it here. This “economic velocity” is only good for the capitalists and what China is doing can only be described as capitalism.
The automotive industry employs millions of workers in the US at both domestic and foreign companies, and decimating that industry only to concentrate and centralize it somewhere else in the world is going to put those people out of work as well as creating a domino effect on the economy where all those dollars disappear from circulation. Capitalists will survive that but those workers won’t, nor will the places where those workers spend their money currently.
What you’re arguing for is essentially an entity like Walmart (China) moving into town and killing all its competitors by making it impossible to compete with them. We can see exactly how that scenario plays out in thousands of cities and towns across the US. Those “low prices” come at a steep cost for everyone involved except the capitalists running the business.
I have no issue with China selling cars here, but I do take issue with them rigging the game in their favor at our expense, which is why I support protection for the entire industry not just for US companies alone.