• 2 Posts
  • 494 Comments
Joined 1 year ago
cake
Cake day: August 13th, 2024

help-circle










  • both China and the US seems to be incentivized to go to war with each other. The former to hide its overcapacity and youth unemployment issue and the latter to mask its already quite visible and accelerating decline.

    I don’t think China has an incentive to go to war with anyone, I also think the overcapacity issue is what China was intending for, producing massive amounts of solar panels and investing money into EV tech is something a centralized economy would want to do for the sake of humanity.

    And as far as I can tell, industrialization in China never left. What America and Europe did over the past ~50 years was move industrialization to other countries so they could exploit cheap slave labor from the global south.

    While China has been making deals with many countries in the global south, the minerals that are extracted are sent back to China to be repurposed. I think they will hopefully realize how powerful an industrialized society is on a global scale, even though exploiting foreign labor seems lucrative in the short term.

    It would make sense for America to instigate a war with China due to losing their chokehold on the world’s economy, but with how things are going currently, China does not need to make such a rash decision, the author themselves cited that BRICS consumes over half of the world’s energy currently, while tying that to energy consumption = industrial output.

    It was an interesting read though, I hope others here can contribute to the discussion with a better material analysis of it.