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| I have the feeling that the whole trade war starts from a pile of nonsense. |
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| apis:
--- Quote from: windsmurf on May 26, 2019, 10:31:58 am --- --- Quote from: apis on May 26, 2019, 09:08:29 am ---... The wealth-gap in China is much larger than the US. --- End quote --- Not so, according to the GINI index. https://en.wikipedia.org/wiki/List_of_countries_by_income_equality --- End quote --- Hmm, yes, I think you're right. The income gap is similar, although I got it much more wrong since I was thinking about the wealth gap: https://en.wikipedia.org/wiki/List_of_countries_by_distribution_of_wealth |
| technix:
--- Quote from: apis on May 26, 2019, 10:56:40 am --- --- Quote from: windsmurf on May 26, 2019, 10:31:58 am --- --- Quote from: apis on May 26, 2019, 09:08:29 am ---... The wealth-gap in China is much larger than the US. --- End quote --- Not so, according to the GINI index. https://en.wikipedia.org/wiki/List_of_countries_by_income_equality --- End quote --- Hmm, yes, I think you're right. The income gap is similar, although I got it much more wrong since I was thinking about the wealth gap: https://en.wikipedia.org/wiki/List_of_countries_by_distribution_of_wealth --- End quote --- There are quite a bit of chances for people in China to suddenly get a huge lump sum of money shoved at them. For example when your current resident is to be torn down and redeveloped you get a lump sum compensation based on the current value of the land, and the developer is usually in a rush allowing you to negotiate the prices up quite a bit, resulting in families getting total compensations around the million US$ mark. And there is a lot of such redevelopment going on. |
| SparkyFX:
--- Quote from: bsfeechannel on May 25, 2019, 09:31:41 pm ---The economy is capitalist: a Western invention. --- End quote --- Greed however is a human invention (ok, that might be arguable ... squirrels collect huge stashes, dogs eat as much as they can get, but not as exceedingly as humans can) and that contributed to many problems in practically every system. I don“t talk about the aquisition of wealth in itself, i mean doing it exploitatively (be it nature, resources, social securities, people). The point is that anyone can explain his actions to be conform to any system, more or less applying a redefinition of what success means or if rules allowed them to do so - morally justified or not. I think one positive part of capitalism as economic principle is therefore, that it makes this human characteristic the center of that problem and therefore allows it to be regulated in a more stable way - unless you want the free market to sort it out (which it usually does not, it incentivizes exploitation in the short run, the public has to pay for it in the long run; unstable, short term thinking is often preferred because of that). But this is about trade between different systems and the question goes if a stable balance can only be upheld by exploitation. |
| technix:
--- Quote from: SparkyFX on May 26, 2019, 12:26:20 pm ---But this is about trade between different systems and the question goes if a stable balance can only be upheld by exploitation. --- End quote --- Upholding trade using exploitation is colonialism. |
| soldar:
--- Quote from: apis on May 26, 2019, 09:08:29 am --- I agree with much of what you wrote but at the same time it's sad to see China repeat the same mistakes that industrialised nations made in the past. They don't have to ruin the environment like we did, we have identified the problem and come up with solutions already. It's stupid not to use them more. --- End quote --- Who are we to tell them what they should do? Is the environment worth more than the lives of people? Where is the right balance? China is fast developing solar and wind energy industries while America is trying to protect coal mining and while Americans continue to use more energy than anybody else in the world. Really, America is in no moral position to preach environmentalism. Is America really so concerned with environmentalism in China? Why don't they send some money to help pay for the cost? How would that go down with the American electorate? The ugly truth is that America is not concerned with the global environment. America and Americans are only concerned with trying to conserve and perpetuate their position of privilege even if at the cost of other peoples suffering. And pretty much the same thing can be said about Europe but at least European countries are more understanding and do not preach like America does. |
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