this post was submitted on 30 Oct 2024
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I wonder if when he says "necessary" he's referring to some longtermism weird BS.
I mean, he's definitely referring to some weird BS. But I wonder whether specifically it's longtermism BS.
I only heard the clip from here.. but it sounded like he said for long term prosperity, not necessary.
I assume what he was saying is that people will suffer while we force the market to move into isolation.
What he doesn't want to admit to the populous is that to have long term benefits of cheap labor, you have to have cheap labor.
So either you have that by being richer than other countries and outsourcing the labor, or isolating the country and subjugating a portion of the population so much that they are the cheap labor. That portion... Isn't going to be small if it's going to be able to provide everything for the rich who blast through resources like crazy.
I read recently "On Freedom" by Timothy Snyder and he mentions that. Billionaires are sucking or wealth and when we suffer, we are told that this is temporary and toward a greater good (which never comes).
Sadly it is successful and a lot of Americans believe that.
It opened my eyes seeing how we are set up to fight each other (blaming minorities) while oligarchs are making our lives more miserable by hoarding country's wealth.
He is, though he's wrong about Trump's plans being anything beneficial in the long term. But even what he's saying about any part of it being harmful is a contradiction of Trump's claims about the economy
He's not wrong, he's bald faced lying. The two are not equivalent.