Quote:
Originally Posted by pickled_heretic
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this statement is extremely facetious. there are a lot of forces at work in the world that have closed down factories and mills, not the least of which is the rapid industrialization of china and their subsequent entry into the international sphere of trading...
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You ignore the fact that the US government has the power to impose tariffs and has failed to do so in the face of virtual slave labor and currency manipulation on the part of China. Again the onus is on government, not Capitalism. When government fails to protect the people it supposedly represents, it's hard to blame Capitalism. Transferring wealth to the third world to equalize the misery everywhere does not lead to prosperity, but it seems to be the goal of the US government, and has been for decades. That's not Capitalism.