• happybadger [he/him]@hexbear.net
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    10 months ago

    During the first COVID supply crisis after China shut down, I remember:

    1. A door factory shutting down because they couldn’t domestically source the parts for doors

    2. Freight truck factories shutting down production because they couldn’t domestically source some small metal part

    3. Every utilities company facing critical shortages for repairs and maintenance, warning they were one natural disaster away from the electrical grid collapsing

  • Kaplya@hexbear.net
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    10 months ago

    I have said it before and I will say it again: people still pretend like American imperialism is still rooted in industrial prowess. That era is long gone.

    No, America is a landlord/rentier capitalist and as such will always behave like a landlord.

    A landlord does not have to work. I repeat, a landlord does not work. A landlord extracts what other people have worked hard on.

    American tech giants like Microsoft and Google aren’t dominating the market because they are the most competent at making the best products out there. No, they dominate because they were able to leverage on various legal and financial means to bully their competitors out of the business, and they are able to do so precisely because the sector works just like a rentier economy. Every time you use their product, you (or your employer) pays a rent to those companies.

    America is never going to re-industrialize because industrialization raises the price of labor, and thus confers labor with leverages against capital. America didn’t de-industrialize itself in the first place for nothing. It de-industrializes itself precisely to defeat the trade unions and working class movements that had been gaining momentum by the 1970s.

    This is how US imperialism functions. Nobody is ever going to invade America so long as it has nukes at its disposal. And as long as the dollar reigns supreme, it will continue to behave like a landlord that extracts concessions from all over the world.

      • Greenleaf [he/him]@hexbear.net
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        10 months ago

        That was a great read. I’m working my way through vol 2 of Capital. In it, Marx talks about how it’s in the sphere of production only where value is created. Distribution, beyond what is technically necessary, does not add value. I think this is particularly relevant for the non-financial sector of the US economy - Apple, Nike, Gap, even Amazon and Walmart to an extent. For the most part, these firms are not creating surplus value, they are extracting surplus value from, for example, contracting factories in the global south. That strikes me as inherently unstable: all it takes for much of the surplus value in the non-financial sector to just evaporate is for imperialism to be severed.

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          10 months ago

          Oh yeah, very much agree with all that. And I’ve only got through the fist volume myself so far, really gotta read the rest. 😅

    • Tankiedesantski [he/him]@hexbear.net
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      10 months ago

      American tech giants like Microsoft and Google aren’t dominating the market because they are the most competent at making the best products out there. No, they dominate because they were able to leverage on various legal and financial means to bully their competitors out of the business, and they are able to do so precisely because the sector works just like a rentier economy. Every time you use their product, you (or your employer) pays a rent to those companies.

      This is why they’re so fucking scared of Huawei and Bytedance

    • meth_dragon [none/use name]@hexbear.net
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      10 months ago

      tbf losing a hot war w/ china would def help the dedollarization process one way or another, main problem is dedollarizing via nuclear winter is less than ideal

    • peeonyou [he/him]@hexbear.net
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      10 months ago

      It’s even more involved than just the renting. US imperialism demands large consolidation in order to exert control over the markets. Tech giants are supremely important to consolidate because they offer all of the intelligence any empire could want, thus it is in the interest of the empire to ensure that a handful of giants rise, and those giants run uncontested.

  • Wheaties [she/her]@hexbear.net
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    10 months ago

    To deter a potential conflict with China, the United States must act quickly to resolve key challenges in its industrial base.

    to deter conflict we have to resolve the things that would make it difficult for us to have a conflict?

    also, cute animation, is that the only way to explain things to congressmen these days?

  • pooh [she/her, love/loves]@hexbear.net
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    10 months ago

    The idea that the US could even hope to “resolve key challenges” here is laughable. China is too far ahead in manufacturing and companies aren’t willing to spend the massive amounts of money required to expand manufacturing in the US.

  • Elon_Musk [none/use name]@hexbear.net
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    10 months ago

    I can’t over emphasize how true this is. We would be in total ruin in a matter of months.

    Electrical shit in industrial manufacturing blows up all the time and stuff from 5 years ago is already obsolete.

    When something blows up that’s obsolete you have 3 options. Adapt current generation parts at huge cost. Buy 1 of 3 used units left on the planet or repair your broken unit. Repairing your broken unit requires basic electronic parts that are likely manufactured in China and even rushed it can take weeks to get something repaired. Meanwhile your money printing machine sits idle.

    And so many more items made in China are essential to US manufacturering and are not easily replaced.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      10 months ago

      Oh yeah, supply chains are so incredibly complex nowadays. The only way you find out what you’re missing is when you can’t get it anymore. And given that China now accounts for something like 30% of global manufacturing, it’s pretty much guaranteed that a lot of essential stuff will be gone if US ever decides to start a war with China.

      • Greenleaf [he/him]@hexbear.net
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        10 months ago

        I do think the crises of overproduction that Marx predicted have been mitigated in part by Just In Time production and lean inventories. However, that all comes at a cost - it makes the whole system much more fragile and if we ever see something like another world war or pandemic that shuts down global supply chains, the economic magnitude of that will be far beyond any simple crises of overproduction. The capitalists can mitigate it temporarily but it just means they’re kicking the can down the road.

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          10 months ago

          I very much agree, just in time economy maximizes profit efficiency because you don’t need to keep stores of commodities, but it creates fragility. As soon as you have some unexpected event like a ship getting stuck in the Suez canal, the whole global economy grinds to a halt. And unexpected stuff happens, that’s just a fact of life. Factories have accidents, ships sink, wars start, droughts happen, etc. A fragile economy that spans the whole globe simply can’t deal with these kinds of events in a reasonable way. So, I expect well be seeing more and more economic crises happening because the world is becoming more unstable overall and the economic house of cards the west built is starting to fall apart as a result.

  • Hexbear2 [any]@hexbear.net
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    10 months ago

    The reality of a modern major war with China, an ocean away, with no logistical supply chain, is that it will be fought and over within weeks, culminating with the launch of nuclear weapons.

  • marxisthayaca [he/him,they/them]@hexbear.net
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    10 months ago

    Deterrence by Punishment did not work with Russia. These people are so dumb.,

    Just forsake Taiwan, shift your detente to Korea and Japan. What is the fucking point of potentially killing billions of people over an island the size of Maryland. You stupid fucks.

    • junebug2 [comrade/them, she/her]@hexbear.net
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      10 months ago

      If Maryland produced 60% of the worlds’ semiconductors and was the only place that could make 3 nm chips, then more countries might be willing to risk global catastrophe over Maryland. Taiwan is a golden goose for most of the US economy that positively contributes to the line going up, and semiconductor manufacturing is one of the last technological edges the “West” has. The Department of Defense and its corporate halo are perpetually in a contrived state of disarray when it comes to talking about things that need money, from their supply chains to research. While it’s true that price gouging and rent seeking probably don’t lead to good weapon systems, I think the people writing this article are assuming the average policymaker already is onboard with the necessity of Taiwan, and they are emphasizing a shopping list of things that need evermore endless funding. If we ever actually went to war with China, then all these weapons companies would need to start making more weapons and less money.

      • Hexbear2 [any]@hexbear.net
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        10 months ago

        The US will blow a trillion dollars on a failed F-35 program, but won’t even build up its own semiconductor manufacturing industry. The US truly is fucked.

    • Hexbear2 [any]@hexbear.net
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      10 months ago

      America won WWII through recycling model Ts and other crap we had laying around in landfills and turning it into ships planes and tanks. We shipp all our scrap to other countries these days, there is no reserve to quickly ramp up new production lines. In fact, China built some of their infrastructure on the bones of American waste, even including the scrap we sent over from the world trade center and the solar panels that Carter put on the white house. America is so fucked in any conflict with China. America couldn’t even beat Illiterate Afghani with busted-up AK-47s who never even heard of 9-11.