Trade War with China


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tidalwave

Senior Member
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Two issues US raised during the brief meeting,
First, asked China to raise its Yuan back to pre trade war level. Stupid request.
Second, raised the issue of Micron being banned in China in lawsuit. See, US doesn't care China stop agriculture, natural gas import, but hitting US tech in China will drive it crazy. Imagine if China block Intel, Nvidia in China!
 
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2handedswordsman

Junior Member
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What's wrong with being a billionaire? What's wrong with creating jobs?

In fact, what's wrong with inequality?
i said that before, extracting value from workers. What's wrong with inequality? Are you serious? Inequality means inequal rights to be a holistic complete person i suppose. Isn't it enough for you? I don't want to be exactly like you, i'm not interest to. But i want to have all the opportunities to be me. As we can see in the race of self complement some people has the "democratic" right to jump-start...Thats a huge LOL
 

canniBUS

New Member
Registered Member
What's wrong with being a billionaire? What's wrong with creating jobs?

In fact, what's wrong with inequality?
If you want to see what is wrong with billionaires and inequality simply look at all the problems america is experiencing. Do you want China to have drugged up citizens dying from overdoses, citizens who eat food that would not even qualify as animal feed in other countries, citizens so alienated from society they shoot others over video games? These social problems are a direct cause of a state that works to protect and help capitalists make more profits at the expense of the average american. China does not have a legal channel for billionaires to influence politics yet, but that does not mean it's not happening. They will do everything to corrupt the state into one that serves the interests of the capitalist class. They have no loyalty to China or the Chinese people. Only an idealist would believe Chinese capitalists are somehow paragons of virtuous behavior and will not screw over their fellow countrymen for whatever little profit gains like capitalists in america and else where have done. Unfortunately the CCP is not showing any outward indication that it is tackling these issues. I sure hope they do deal with this otherwise China will end up like america, or worse like Russia.
 

Viktor Jav

Senior Member
Registered Member
If you want to see what is wrong with billionaires and inequality simply look at all the problems america is experiencing. Do you want China to have drugged up citizens dying from overdoses, citizens who eat food that would not even qualify as animal feed in other countries, citizens so alienated from society they shoot others over video games? These social problems are a direct cause of a state that works to protect and help capitalists make more profits at the expense of the average american. China does not have a legal channel for billionaires to influence politics yet, but that does not mean it's not happening. They will do everything to corrupt the state into one that serves the interests of the capitalist class. They have no loyalty to China or the Chinese people. Only an idealist would believe Chinese capitalists are somehow paragons of virtuous behavior and will not screw over their fellow countrymen for whatever little profit gains like capitalists in america and else where have done. Unfortunately the CCP is not showing any outward indication that it is tackling these issues. I sure hope they do deal with this otherwise China will end up like america, or worse like Russia.
What you listed are very extreme probabilities that are very unlikely to happen, what the US is facing goes more than just mere capitalism. It also includes the inability of the government to properly plan for a transition of economy, as well as a huge helping of self entitlement from certain groups in the society.
What you described of capitalism is very much a textbook description written by Marx himself, and we all know how skewered he was. Capitalism has shown the capacity to improve the lives of others like how Ford did, true they doing it for a profit but that does not denigrate their contributions, in fact such contributions are more substantial and enduring than extreme acts of self-sacrifice that what extreme socialism prescribes.
But that is also a main problem of capitalism, it focus almost exclusively on the present and immediate future. It is up to the government to enact policies that while are unpopular or seem unnecessary at present, but shows their worth years later. Governments are also responsible to provide necessary services that can be freely accessible regardless of price.
In the end what is needed is a balance between capitalism and socialism.
 

Anlsvrthng

Senior Member
Registered Member
What's wrong with being a billionaire? What's wrong with creating jobs?

In fact, what's wrong with inequality?
It is quite simple usually : if the wealthy has higher return on interest than the average joe then the inequality growing.
This is the situation in China and USA.
In China the small income person has negative return on interest, and the wealthy has very positive return on interest.
And it is just the investment, not the competition for workers.
Second, in a perfect market the profit opportunities arbitraged away by competition , so if the billionaires exist for long time then its means that the market is gamed for they favour.

And the most important, if there is too many billionaire then the workforce is cheap, and the most expensive asset on market is not the workers, but something else.
Without expensive workers there is no efficiency improvement, and the gap between China and the USA will persist forever.

However it can be asked why is it a problem for China to have the wealth gap between her and the USA?
Maybe the natural way of things is that the USA is the controlling party in this relationship, and China is the subordinate. .

If you say that it is bad, then after this it is quite hard to protect why a subgroup of persons in a given country has abnormally high influence on the economic/legal system/politics.
 
However it can be asked why is it a problem for China to have the wealth gap between her and the USA?
Because China needs the funds to build the largest and most powerful military in the world.
Maybe the natural way of things is that the USA is the controlling party in this relationship, and China is the subordinate.
All relationships between countries and men are man-made and thus can be altered by man. Maybe in your culture, people can accept being inferior or subordinate to another race/nation as a "natural" thing. That culture has nothing to do with the Chinese.
 
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solarz

Brigadier
i said that before, extracting value from workers. What's wrong with inequality? Are you serious? Inequality means inequal rights to be a holistic complete person i suppose. Isn't it enough for you? I don't want to be exactly like you, i'm not interest to. But i want to have all the opportunities to be me. As we can see in the race of self complement some people has the "democratic" right to jump-start...Thats a huge LOL
Human beings are social animals, and by nature, we are most comfortable in a defined hierarchy. I know this might be difficult to believe as a teenager, but give it a few years and you'll come to understand.

What does it mean to have "inequal rights to be a holistic person"? How does a billionaire have "more rights" than a middle-class professional to be "holistic"? How does having more or less money prevent or facilitate you from "being you"? What do you mean by "jump start"?


If you want to see what is wrong with billionaires and inequality simply look at all the problems america is experiencing. Do you want China to have drugged up citizens dying from overdoses, citizens who eat food that would not even qualify as animal feed in other countries, citizens so alienated from society they shoot others over video games? These social problems are a direct cause of a state that works to protect and help capitalists make more profits at the expense of the average american. China does not have a legal channel for billionaires to influence politics yet, but that does not mean it's not happening. They will do everything to corrupt the state into one that serves the interests of the capitalist class. They have no loyalty to China or the Chinese people. Only an idealist would believe Chinese capitalists are somehow paragons of virtuous behavior and will not screw over their fellow countrymen for whatever little profit gains like capitalists in america and else where have done. Unfortunately the CCP is not showing any outward indication that it is tackling these issues. I sure hope they do deal with this otherwise China will end up like america, or worse like Russia.
You are wrong on so many counts here.

First, America's drug problem is a result of social welfare. People who don't need to work to survive do not have purpose in life, and thus turn to substance abuse.

Second, the US has a lot of shootings because THEY DON'T WANT TO CONTROL GUNS! There will always be people who are disgruntled in every society. China had people who stabbed kindergarten kids and blew up buses. Even Norway has Anders Breivik.

Finally, Chinese billionaires aren't loyal to the country? Have you seen what Jack Ma does? Why would billionaires be any more or less patriotic than less wealthy people?

You seem to have this mentality that someone can only get rich by screwing other people. The economy is not a zero sum game. Jack Ma made his fortune by creating a platform that jump started China's e-commerce. He got rich by making a whole of lot other people rich!
 
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