It was always going to end like this

no lol

Yes.

Cappy tallists simply should get whacked by our one-party state if they disagree

Chinese governance methods time

bill clinton's economic policies literally could've managed to include both american manufacturing and a higher service economy but he ignored it for muh free trade

it is inevitable but not entirely

There is no way to maintain capital growth in a single country perpetually.

I pray that the CIA blows up the Three Gorges Dam one day

How could Bill Clinton have maintained US manufacturing and expanded the service economy? @anti

by protectionism lmao

how else

The only reason we had an outgrowth of the service economy is because of the shrinkage of investment in domestic manufacturing. The people who were no longer able to work in manufacturing transitioned into service economy.

the service economy is literally inevitable to grow no matter with modernization

Protectionism isn't a sustainable macroeconomic plan tard.

and?

thank you *squints* wagie

im just arguing against their free trade policies that outsourced jobs helped destroy american manufacturing

But you need to pull workers from some other sector. It was an outgrowth of the fact most American manufacturing became obsolete with the development of the third world.

You can't just have both sectors grow with a working population which previously only engaged in one industry

American manufacturing was always going to eventually cease to exist

That's just how capitalist firms function.

And if the third world was kept down?

That wasn't going to happen either.

wdym nigga the unemployment rate was literally 7.3% at the time lol

Those firms exist to make money, they can generate more profit by industrializing the third world and exploiting their populations at a greater rate than they can exploit first world populations. Corporate power was always going to be leveraged to globalize the economy and industrialize the third world

We know, hence why most of us here don't call ourselves ardent capitalists

Nigga what are you talking about. You think that 7.3% of unemployed people would somehow support the growth of a service economy that would be meaningful.

where did i mention them supporting the growth of a service economy

Whether or not you call yourself a capitalist is kind of irrelavnt. Most of you still advocate a system which maintains the same processes that lead to things like globalization.

I don't care if you're an ideological capitalist or an epic 3rd positionist, if you're maintaining commodity production and the profit motive globalization is inevitability.

How do you advocate for a system that leads to globalisation if your policy is keeping the third world down and keeping your domestic economy not entirely based on coding or marketing? Or is it just capitalism in decay?

What does coding or marketing have to do with capitalist globalization

Whatever

I will now explain basic economics to you

Reference to a country dominated by the tertiary sector

You understand what a firm is under capitalism right?

Shut the fuck up

Answer the question so we can proceed with the discussion

If you're too much an intellectual termite to establish some axioms we can't move forward