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RE: How China is taking over the world one belt, one road at a time

in #politics5 years ago

At this stage I am honestly very concerned for my kids and all future generations. Communist China has only been able to rise to power because they were willing to capture the greed of capitalists to sell out workers so the few could profit. I doubt China would have risen without greedy CEOs and investors taking a short term view of profit. They like to say that they are following Friedman's advice of maximizing profit, but Friedman was clear that focusing on short term profit (vs long term) was a race to the bottom. He was also clear that businesses say they want a free market, but in fact do not--they want a monoploy, or even better legislation to mandate that people buy from them. Alas, in their greed, businesses have now handed China a near monopoly on manufacturing the very hi tech goods that the modern world runs on. China, of course, being an authoritarian country was able to manipulate capitalists both by stealing IP and through central funding of strategic initiatives. I would be less concerned about all of this if the US was a stable country, but Trump's election and subsequent administration has greatly weakened the US. It was bad enough that nearly 50 % of Americans voted for a person who was so clearly unfit to be president. We knew he would do a lot of damage, but in fact we greatly underestimated the damage he is actually doing. What's worse, around 43% still support him--despite or perhaps because he is an immature, racist bully with little understanding of history, science and politics, and now a history of largely damaging appointments and decisions. While the US does not exactly have a stellar past on both racial issues at home and foreign interventions, Trump has clearly moved us into a space that is even worse on these issues. He and the GOP have also continued to give businesses more power and tax breaks at the expense of the vast majority of citizens. This will ultimately lead to more inequality and even more instability in the US. The irresponsible denial of climate science by the Trump admin and the world's refusal, in general, to actually address it, is already causing problems and will lead to more mass migrations. In short, we are now set up for major problems and major shifts in power. I for one don't want to be ruled by China, but the US and the EU are now succumbing to nationalism, so the post-WWII leaders can no longer be trusted to lead. Now mix in cyber attacks. Not just taking power down, but influencing votes. Add in manipulation by the likes of Google and Facebook, and the resulting distortion and disinformation that they and media like Fox News are capable of. Overall, the future does not look bright.

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