If our turn to neoliberalism led to this, hard to say it wasn't all a house of cards here either. We spent decades hollowing everything out in the name of market ideology, and now we are surprised our institutions and business leaders are incredibly easy to push around by motivated and determined thugs.
Freedom from those that wish to centrally control the economy. Freedom of choice in a "fair" market. There has to be a balance between open/fair and controlled/mandated. We're hurdling towards the latter. I'm not going to get too hung up on labeling it.
But ownership is not binary. We typically refer to the "owner" as the party that controls the majority of decision rights pertaining to the thing that is owned. I do not wholly own my gun, my dog, my house, my car etc. So, it is hard to have pure communism or pure private ownership. Actions like these, where the gov tries to control more decision rights means they are increasing their ownership. It seems on most issues, Trump thinks he knows better than the mkt.
Sounds like complete and total ignorance to how supply chains work. It's insane on every level. Best explanation of it is in this interview, IMO, and I can't say I agree with it. It's just ancient thinking, IMO. Thinking that comes straight out of the 19th Century.
Trump is suggesting owners of car manufacturers should voluntarily not raise costs out of some kind of patriotic duty, so isnt all that kind of moot? My read is that Trump is fumbling around trying to create a sort of "war economy."
Agreed. It's certainly not binary. Markets and ownership should be as free as possible with guardrails. Kinda the system we've been using for sometime with decreasingly positive results, mostly because those guardrails are more and more established by moneyed interest (whatever label one would like to give). The systems needs fixing, no doubt, but authoritarian central control aint it.
The whole manufacturing premise is weird. Pretty sure the value of our manufacturing output is at or near a record high. I know we are 2nd in both manufacturing output & manufacturing value added per capita. the idea of bringing back sig manufacturing jobs is nonsense. Look at AG. Production has skyrocketed as we’ve gone from it providing 70% of jobs to less than 2%. Weird mercantile fantasy
It is mostly a form of bored nostalgia, primarily from white collar workers who are bored in the jobs that their parents/grandparents wanted them to have but who idealize the jobs that their parents or grandparents themselves had (without realizing how crappy those jobs actually were).
Just like only Nixon could go to China, only Trump could do Degrowth capitalism (accidentally, without believing in it)
Why do people "hate to say it"? It is the absolute truth. The last time people "hated to say it" 6.2M minorities were put to death as supposed "good people" stood by and "hated to say it". The fact that the board mods do not want us to use the true terms for what is going on when we post here does not make it less true, and I absolutely do not hate to call our government a bunch of fascists who are taking their historical cues from 1930's Germany. It is also not a coincidence that the guy actually running our government is a Apartheid child who has to be one of the most hateful people in this country (not to mention it is a joke that HE would lecture anyone on being a "good American" since his is a S African POS, let alone former decorated War Hero).
Commie Donnie loves him some command economy https://www.wsj.com/business/energy...ezuela-a62f5cd9?mod=Searchresults_pos6&page=1 Oil magnate Harry Sargeant III is a GOP donor well known for his back-channel efforts to temper hostilities between the U.S. and Venezuela. On Friday, the Trump administration ordered his oil-trading company to leave the South American country. Global Oil Terminals, part of a Florida conglomerate owned by Sargeant, lost authorization from the U.S. Treasury Department to work in Venezuela, as did Spanish oil-and-gas company Repsol and other foreign oil companies doing business there. Chevron CVX -0.34%decrease; red down pointing triangle previously received a similar notice. The companies have until late May to wind down operations, escalating the Trump administration’s campaign to isolate Venezuela, partly over frustration with its reluctance to quickly accept Venezuelan deportees.
This really is true. Historically conservatism tends to dovetail with authoritarianism. However the world hit a 250 year blip where conservatism included small L liberalism - (individual rights and free markets). Conservatism is swinging back to its historical authoritarian roots.
One man's haircut is another man's scalping. Some people have predicted that Trump will be the demise of U.S. automakers. So stupid for Trump to increase costs for automakers (by eliminating Canadian and Mexican supply chains) and then demand that they keep prices on cars the same. For a businessman, Trump is extremely ignorant about basic business concepts. No wonder he had to have a heavily scripted and edited show to make him look like he knew what he was doing. Time for America to wake up, smell the coffee, and tell Trump: "You're fired!"
No administrations other than McKinley and Hoover have gone so crazy over initiating tariffs on other countries. I assume you know about the 4-year Depression and 2-year Recession that occurred in the 1890's under McKinley, as well as that little event called "the Great Depression" in the 1930's? Which outcome are you hoping for? Another Great Depression, or a "smaller" depression teamed up with a recession? Do you want the Supreme or the Combo Platter? (McKinley, BTW, came to his senses and announced near the end of his second term that he was no longer in favor of tariffs as a general policy because they do so much damage to the economy.)