all of the East Asian countries subsidize the hell out of their own industries, all of those countries also have strict protectionist policies, and China especially is known for violating intellectual property so they don't even have to conduct their own R&D

"For example, free trade is always touted as a benefit with zero downsides to a country's health. In microeconomics 101, you may learn about how two partners who specialize in their comparative advantages, i.e., their most efficient use of resources, and then engage in trade will be better off than trying to produce a little bit of every good. In macroeconomics 101, you may even learn a more detailed explanation about the balance of payments, the surface level truth that all trade deficits will be repaid by an influx of capital investment. You may even be taught a narrative that globalization has lifted hundreds of millions out of poverty in the developing world. The presentation of introductory economics gives the illusion that neoliberal policies benefit all and harm nobody.

If you examine these claims, however, you will find that they're fraught with unanswered questions and deliberate misrepresentations. For example: 1) in practice there are very few instances of free trade thanks to barriers imposed by foreign nations and sponsored by corporations; 2) "comparative advantage" is an unquantifiable concept that has nothing to do with how competitive an industry is; 3) your country may be unable to specialize in its comparative advantage if competitor nations ignore "comparative advantage" and subsidize their industries; 4) the balance of payments doesn't solve the problem of globalization, since becoming an importer nation thanks to offshoring means that wealth is taken away from workers in the form of lost income and redistributed to the wealthy in the form of foreign investment in bonds, stocks, real estate, etc.

Now you might realize why almost every successful upstart industrial nation, from the USA to the PROC, ignores neoliberal economies until they're on top. "

Alexander Hamilton, Friedrich List, Deng Xiaopeng, almost every East and Southeast Asian powerhouse, etc., ignored key tenets of "classical" and what is now known as "neoliberal" economics in order to allow their respective developing countries to attain economic supremacy

now this is what i was looking fro

thanks linnaeus

@Autistotle how was meeting Mr. 🅱eterson

https://twitter.com/J_VoiceUK/status/992671993374928897

https://www.youtube.com/watch?v=hV-DzuCPmXU this guy is still in office

https://media.8ch.net/file_store/5a5822dc21e77f64fde4ffd7c53589a5947a6998554db4c3f68246b6eb878f0d.webm

i didnt know paul nehlen was running in california

what a chad

Nehlen has no chill, talk about optics

he has no chance of winning but he is funny as fuck

a republican has no chance of winning in cali anyway so might aswell have some fun

I remember waking up one day and Nehlen was full on autting out about the JQ and shit and it’s like ya dude you’re not entirely wrong but jeez way to go from somewhat mainstream to no stream

S

F

if you havent bought a israel flag to piss on dont call yourself a patriot

I’m stuck in this terrible position where it’s like - do you trash Israel in front of your Jewish friends but they will inevitably spin it around and ask “well do you prefer the Palestinians”? No! Neither fuck off with your sand nonsense

https://hooktube.com/watch?v=8E6fVW_VttQ

that is the correct attitude

indifference from the disgusting outside world

not like the palestiniani childeren lover ryan dwson

I dont see the fact that people dont really care much for clown world politics as a bad thing. and you have to imaigne a lot of states they felt their vote wouldnt change anything so why bother

You do a lot less "nobody" counties in swing states

@NormanLord that map makes no sense

how would trump carry maine if the democrats did

No idea just saw it in another server

reminder to Indiana, Ohio, West Virginia, and North Carolina people

go VOTE in your primaries on tuesday

also a reminder that a cuckservitive is better than a DEMOCRAT

if theres no nationalist candidates running

https://twitter.com/LordMolyneaux/status/993224730407731205

lol this guy doesnt give a FUCK

paul nehlan 2.0 except slightly less autistic

oof, what is optics?

no more like more autistic