Message from @ᴏᴠᴇʀꜱᴇᴇʀ ꜱᴛʀᴀꜱꜱᴇʀ

Discord ID: 688828034760966169


Difference is that capitalism is more or less reliant on medium to small business owners, but owners themselves are workers, and due to the balanced market and economic power of those owners, the resources are mainly used to benefit a community like a local state or a country, and exports are managed by the state.

In global market economy the monopoliesregulate exports and the market, allowing for economic imperialism, making the small business owners either evolve by exploiting more labor, using economic imperialism, trying to sway the market to their side or they fail and become one of the working class.

2020-03-15 19:10:56 UTC  

Ok let's say the USA as an example

Only benefiting more to eliminating the middle class and making am ore huge gap between the capitalist and the workers.

2020-03-15 19:11:08 UTC  

How would you describe that as you did with "Capitalism and socialism" above.

USA is global market economy id say but its domestic politics are free market regulated capitalism.

Id call it state capitalist but state capitalism uses regulation as a collective effort and is generally a phase to socialism.

2020-03-15 19:13:06 UTC  

USA is similar to most third world countries in terms of economic freedom; you must thing these types of economies are in decline aswell?

Eastern europe, balkans, africa, most of asia and latin america are in decline and a shitty place to live, so either USA is in decline too or its doing something else.

USA is classified as right capitalism.

2020-03-15 19:14:15 UTC  

And you think it's declining?

To make a distinction left capitalism would be scandanavia.

USA is declining.

2020-03-15 19:14:37 UTC  

How so?

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?