←back to thread

China

(drewdevault.com)
847 points kick | 1 comments | 20 Nov 19 15:44 UTC | HN request time: 0.206s | source
Show context
novok ◴[20 Nov 19 17:11 UTC] No.21585835[source]▶
I don't think that the cheaper goods that China gave the world only benefited the %1, and actually has helped a lot people in america and the world.

I also don't think that the economic miracle that has happened in China is a bad thing, and they could of been more singaporean/south korean authoritarian vs. genocidal authoritarian to achieve it. I really want china to become another Japan or Korea eventually.

I do agree with you that China is basically a modern day nazi germany, pre WW2 at this point.

replies(6): >>21586113 #>>21586363 #>>21586428 #>>21587162 #>>21588073 #>>21588427 #
1. foresto ◴[20 Nov 19 20:21 UTC] No.21588073[source]▶
> I don't think that the cheaper goods that China gave the world only benefited the %1, and actually has helped a lot people in america and the world.

Extreme wealth inequality is making life difficult for many, many people today. Cheap goods from China make it easier for them to tolerate this situation, and therefore less likely to take action to change it. One view of this would be that cheap goods are helping people. Another would be that cheap goods help the wealthy elite to continue unchallenged, furthering wealth inequality over time, and making overall quality of life much worse for everyone else in the long run.