It'll either globalize or economically stagnate and become irrelevant.

The best you can hope for with that type of macroeconomic strategy is to become North Korea

And if that's fine for you for your country and your people, that's a great thing to advocate

If you're not braindead it doesn't make any sense.

Is China outsourcing its labour to the rest of the world?

Yes

Are you kidding me

They outsource to Africa because they're reaching productive optimization in China

They literally are.

https://www.brookings.edu/blog/africa-in-focus/2019/03/05/migration-of-chinese-manufacturing-jobs-to-africa-myth-or-reality/

Again

Most western firms who invest in china aren't even allowed to move their assets out of china

I know you people don't read

But it's been a subject of discussion in economics academia for the pat like 5 years

Okay and?

What does that have to do with our discussion?

Globalization is inevitability if you maintain commodity production and the profit motive

it's not a prime sign of a globalised economy

It is indicative of the point I'm making about the outsourcing of labor

Which I thought we understood to be a part of globalization in this discussion

They've achieved a certain level of optimization in regards to domestic labor exploitation, so Chinese capital is having to change something within the system to maintain growth.

The easiest and simplest choice is outsourcing labor usually.

theory pee pee poo poo, how about you prevent foreign firms from dominating your economy

You can't.

When is china set to fail

That's not how economics works.

China isn't going to fail.

It's probably going to take over as the global super power once the US collapses in the next century

Allah willing

Sooner rather than later

Ok so they'll continue to keep foreign economic influence under a tight hold.

Do you not know how Chinese billionaires just periodically disappear whenever they step out of line

God Bless that's awesome @Punished Nazberg

The US would be better if we did this

Yet apparently, if a country crushed the third world, kept foreign influence under leash and treated their billionaires worse than china does, it would still globalise because theory

can you say nigger on this server?

Why would you crush the third world if you can use it to get an advantage over other nations

I don't mean wipe them off the face of the earth bc you need to obv exploit their resources but you shouldn't want superpowers in Africa to arise and compete with you

How do you think superpowers come out of africa without whites?

They don't

No