Message from @ᴏᴠᴇʀꜱᴇᴇʀ ꜱᴛʀᴀꜱꜱᴇʀ

Discord ID: 688828798300455015


I mean id give a more detailed answer if it were not for the trade war with china, corona, russian oil and many other factors that make it obvious.

USA is reliant on the capitalist and not the workers, those who allow the capitalist to make profit.

Every economic system has to have workers as its base.

If it doesnt it fails.

2020-03-15 19:15:49 UTC  

Any points you can hint at?

2020-03-15 19:16:02 UTC  

What metrics would you say shows the US is declining

Its declining in exports, productivity, managment of labor.

Basically when it no longer had workers at its economic base economic emperialism stepped in.

so people figured out its cheaper to use 3rd world labor.

2020-03-15 19:17:30 UTC  

Productivity?

2020-03-15 19:17:34 UTC  

It's been rising since forever.

No not really.

2020-03-15 19:17:46 UTC  

Whether it's labor or total factor productivity.

3rd world labour has been rising, US pretty much now just assmbles things not produces them.

Use of resources isnt domestic.

2020-03-15 19:18:43 UTC  

Most of the economy isn't physical production either, it's services.

Services are reliant on globalism and imports because domestic productivity has been replaced by economic imperialism.

Thats what im saying.

Global market economy.

Its interconnected without a solid base.

2020-03-15 19:20:07 UTC  

Yeah I have no issues with it.

I dont have either because it will lead to better things.

2020-03-15 19:20:47 UTC  

Then why do you think the US is declining?

USA as a country is, USA as interconected economy and monopoly isnt.

Stagnant inflation.

2020-03-15 19:22:09 UTC  

Stagnant inflation?

For same labour worth you cant get today what you could yesterday.

2020-03-15 19:22:23 UTC  

Are you saying pay is stagnant?

No, im saying more and more jobs are being reliant on global market economy, even tho domestic uneployment is low its not reliant on the country but the situation of the market.

And yes inflation is real.

Dollar isnt as much of worth as it used to be.

And prices are rising.

And if they are not rising you have a stock market crash where then the state goes "mmm money printer goes brrm brmmm"

2020-03-15 19:24:43 UTC  

Sure prices rise but incomes rise faster.

Depends on the sector, and due to the state not regulating the private property as much they regulate inflation it doesnt result in overall improvement.

2020-03-15 19:25:56 UTC  

Well as a whole, we can say incomes have increased.

2020-03-15 19:26:03 UTC  

Some sectors less, some more.

If prices increase by 10% and income by 5% its not a good situation, its more or less a sign of inflation.

Its just a way for the capitalist to cope.

2020-03-15 19:27:50 UTC  

Incomes have risen faster than prices.