this post was submitted on 04 Jan 2024
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I very much agree, now that US transitioned to a largely financialized economy, the mechanisms for doing domestic industrial capitalism are no longer present. The whole political and economic system would need serious restructuring to do that.
That's the beauty of it. The first baby step they would take to undo the past forty-fifty years would reveal the paper beneath the tiger face paint. The joy that I get from watching the west collapse is going to help keep me warm as my life in the west becomes unaffordable lol. Silver linings and all that.
This is one of those cases where you have a clear and obvious problem, but no clear solution within the system.