We at an Economic War with China.

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wirelessenabled

Platinum Member
Feb 5, 2001
2,190
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On a TEMPORARY basis -- no one wins from a GDP perspective. Correct. I never did not acknlowedge this. I specifically said that sanctions are likely not the best route.



And you have zero basis or facts to show this. Hence, you're fucking dumb. You have zero clue of economics or markets - only your liberal bias feelings against the current administration. Go run off and try to find some facts child. Never mind, that's asking too much.

Anyone with half a fucking brain can understand that the BUYER has FAR more leverage than the seller in this economic system. There are FAR more sellers than there are buyers.

If you had actually studied Econ you would understand that the situation we have does not have a binary solution. There are about 200 national economies in the world. Too bad you have a closed mind especially since you are so ignorant about what you are trying to explain.
 
Nov 25, 2013
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Bannon has styled himself as an anarchist, not me. Fascists use emotional rhetoric to create or inflame crises as a means to take control in a situation that obviously demands "strong leadership" & democracy ain't it.

Trade crisis! Crisis at the border! Crisis with Venezuela! Crisis with Iran! Opioid crisis! Crisis! Crisis! Trump alone can fix it! Hail Trump!

Bannon has also called himself a Lenist. Don't actually give a shit what he 'styles' himself as, he's a fascist.

He acts like a fascist, he talks like a fascist, he hangs out with fascists, he's trying to set himself up as the 'thinker' behind European fascists. He *is* a fucking duck.
 
Nov 8, 2012
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If you had actually studied Econ you would understand that the situation we have does not have a binary solution. There are about 200 national economies in the world. Too bad you have a closed mind especially since you are so ignorant about what you are trying to explain.

I never said it was detective dipshit. I never said it simplified. However the cost of production for cheap items with cheap labor is very much an advantage to the lesser of buyers to the abundance of cheap labor.

But go ahead and keep making arguments on generalized worthless statements toolbag.
 

wirelessenabled

Platinum Member
Feb 5, 2001
2,190
41
91
I never said it was detective dipshit. I never said it simplified. However the cost of production for cheap items with cheap labor is very much an advantage to the lesser of buyers to the abundance of cheap labor.

But go ahead and keep making arguments on generalized worthless statements toolbag.

Thanks for your comments.

Maybe you could tell us how and where Americans can source items like diapers over the short to medium term? Or maybe we should just do without? Production does not just start immediately or automagically.
 
Reactions: DarthKyrie
Nov 8, 2012
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Thanks for your comments.

Maybe you could tell us how and where Americans can source items like diapers over the short to medium term? Or maybe we should just do without? Production does not just start immediately or automagically.

How about "Anywhere but China"? How is that for you?

https://www.nytimes.com/2019/04/05/business/china-trade-trump-jobs-decoupling.html
https://www.theepochtimes.com/aroun...g-production-from-china-to-india_2897876.html
https://www.latimes.com/world/asia/...tories-shipping-guangdong-20190523-story.html
https://www.reuters.com/article/us-usa-trade-china-tariffs-idUSKCN1QI55S


But tell me again how cheap as shit chinese labor is somehow hard to find again toolbag. But I mean, the NY Times is just alt-right wing bias media amirite?

Consider reading and educating yourself instead of living in your closed domicile.
 
Nov 25, 2013
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I guess factory complexes like this are real quick and easy to start up in new countries? Couple of weeks at most?





and then a couple of days to train the workforce?



Yeah, the US has nothing to worry about.
 

DrDoug

Diamond Member
Jan 16, 2014
3,579
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And you have zero basis or facts to show this. Hence, you're fucking dumb.

What facts do you have? What basis are you using to come to the conclusion you have? Nothing you have said so far backs up what you are asserting. Buyers have more power than sellers? Holy shit are you stupid. While at college I took classes in macro- and micro-economics and despite the fact that my teacher droned on like Ben Stein, I listened and learned.

If your economic argument was on fire it wouldn't be worth pissing on.
 
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pmv

Lifer
May 30, 2008
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Sorry, had to stop there. You really need to actually learn something if you think that's the case. That's seriously conservative level straight up stupid "both sides" bullshit.

China's "history of serious instability" often were periods of stability longer than the US has been a country (as in 2-3x as long as the US has been a country even, and China has several of those periods) so that's kinda a silly argument to make. Much of their instability in the past couple of centuries was largely down to external stuff (which is exactly why they've changed and have no remorse for ripping off others for their gain because others did it to them).

If your argument is China being more free market economically, that's exactly why they'd weather such things better than the Soviet Union. They're just as socialist (if not moreso) otherwise though.

That's absolutely his plan. He's intentionally working to fuck up the world to try and make it more susceptible to his right wing fantasies.


It seems a bit arrogant to tell others they 'need to learn something' and then go on to say China is 'just as socialist' as the USSR 'otherwise' than economics. Socialism is an economic system, you realise? You can't really be 'socialist' otherwise than economics. Are you one of those Americans who think of 'communism' as just anything 'unamerican' or dictatorial? Like the that Fox News one who thought Imperial Japan was communist?

And the relevant period of China's instability was quite recent - I remember it. The cultural revolution was traumatic for many of those who went on to lead the country. That's why subsequent generations of leaders feared 'instability' beyond everything else. After Tiennamen it was clear that a kind of contract emerged between the population and the leadership - one which meant the former would forget Tiennamenn even happened (very, very rough for those who lost family there, it's always seemed to me, not only bereaved but having the whole country decide to not mention it again) while the latter would ensure everyone could concentrate on getting wealthy and stay out of politics. If the economy goes bad that contract fails.


The Cultural revolution was not 'largely down to external stuff'. It was the brain-death of a country and it was overwhelmingly down to Mao (though I would say it also had something to do with the nature of socialism, Mao was actually trying to avoid the beauracratisation that took hold in the USSR). That you don't appear to be aware of that period again suggests you are in a weak position to tell others they need to learn stuff. Maybe stop being so arrogant and aggressive when you don't really have the knowledge to justify it?

Now it's true that China seems to have evolved further, and changed again since the post-Tiennamen period. On the one hand its become a bit wealthier with more of a middle-class, on the other President Xi seems to be becoming more dictatorial and has been dropping the old post-Mao fear of a cult of personality with its emphasis on collective leadership. I don't really know where its going now.
 
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pmv

Lifer
May 30, 2008
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I agree with everything you said, however while I understand you're using the dictionary definition of "anarchy":

View attachment 6680

I would like to point out that this is essentially propaganda, a deliberate conflation between state and government.

What anarchists actually believe is that an alternate form of government can be implemented, one that works by organising smaller groups of people to empower themselves rather than having the current state based heirarchy. Anarchism is essentially left wing libertarianism, pro freedom and anti needless hierarchy.

When you call Bannon an anarchist, you're doing anarchists a disservice, because Bannon is actually for state fascism.


Isn't this an inconsequential argument about terminology?

Bannon wants disorder and disruption because he thinks it will be an opportunity for the far-right. I mean, when he called himself a 'Leninist' becuase he 'wants to smash the state', I did think for a moment 'tut tut, you don't understand what Leninism is' (Lenin wanted to take over the state, to ensure the dictatorship of the proletariat, not smash it) but really it's not worth quibbling over such terms. Bannon's on the far-right, I think everyone agrees on that.
 

pmv

Lifer
May 30, 2008
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Reagan overruled all his Neocon advisers & did the right thing by the whole world in accepting Gorbachev's offer of major nuclear disarmament. The firepower of both sides was completely insane, enough to destroy civilization several times over & poison the planet. It's still ridiculous but not like it was.

I always suspected that was down to Nancy's influence as much as anything.
 

pmv

Lifer
May 30, 2008
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Sorry, had to stop there. You really need to actually learn something if you think that's the case. That's seriously conservative level straight up stupid "both sides" bullshit.

China's "history of serious instability" often were periods of stability longer than the US has been a country (as in 2-3x as long as the US has been a country even, and China has several of those periods) so that's kinda a silly argument to make. Much of their instability in the past couple of centuries was largely down to external stuff (which is exactly why they've changed and have no remorse for ripping off others for their gain because others did it to them).

If your argument is China being more free market economically, that's exactly why they'd weather such things better than the Soviet Union. They're just as socialist (if not moreso) otherwise though.

That's absolutely his plan. He's intentionally working to fuck up the world to try and make it more susceptible to his right wing fantasies.


And as for their being more free market and thus not having that particular vulnerability that the USSR did - duh, that's exactly what I said in the post you are quoting, then you go on to repeat it as if it's something new. You argue in a really weird way as if the need to disagree is the most important thing rather than actually making a point.

Oh, and this 'bothsides' term that gets used so much here is becoming like the new 'Godwins Law' - used more often as a substitute for an argument that it is used accurately. In many situations there aren't, in fact, just two sides, in any case, so its quite a limited concept.

The other thing is I can't help but see the dismissal of any negative consequences for China as a slightly callous lack of concern for the wellbeing of anyone other than Americans. Similarly the US has a tendency to inflate it's "enemies" to be all-powerful demons, all the better to paint it's own actions as heroic.

Actually, its by no means just the US, it's the West in general. Every single third world dictator or populist the UK has gone to war with - from Nasser to Milosovic to Saddam to Assad - gets painted as 'the new Hilter', posing a terrible existential threat to us, as if they were going to take over the world. Even the USSR got falsely painted as more powerful and more aggressive than it actually was.
 
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Bitek

Lifer
Aug 2, 2001
10,658
5,228
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Not really. It's a heck of lot easier for America to find sellers to produce $500B worth of stuff for them to purchase than it is for China to find $500B worth of buyers to fill the void of the loss of their biggest customer. Seriously, it would be like a whole town deciding it doesn't want to buy from Walmart anymore, so instead they go to Target. Trust me, there are so many foreign firms out there frothing at the mouth for a trade war to happen between the US and China. They'll happily take those contracts off China's plate.

Biggest benefactors of it all are probably going to be Vietnam, Thailand, India, and Great Britain.

I think that is a fair point, but just because they want it doesn't mean they have the capability right now.

China has spent decades of focused effort and high levels of investment building the infrastructure, machine tooling, and human talent to manufacture on such a scale.

Could you replace it? Sure, everything is replaceable eventually, but that isn't going to happen overnight.

Will it inflict global pain in the meantime? Yep

Will the globe just give the US a pass on it, and line up behind Trump to stand against China? I think we are seriously overestimating our political position here.
There will be long lasting consequences.
 

Bitek

Lifer
Aug 2, 2001
10,658
5,228
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It seems a bit arrogant to tell others they 'need to learn something' and then go on to say China is 'just as socialist' as the USSR 'otherwise' than economics. Socialism is an economic system, you realise? You can't really be 'socialist' otherwise than economics. Are you one of those Americans who think of 'communism' as just anything 'unamerican' or dictatorial? Like the that Fox News one who thought Imperial Japan was communist?

And the relevant period of China's instability was quite recent - I remember it. The cultural revolution was traumatic for many of those who went on to lead the country. That's why subsequent generations of leaders feared 'instability' beyond everything else. After Tiennamen it was clear that a kind of contract emerged between the population and the leadership - one which meant the former would forget Tiennamenn even happened (very, very rough for those who lost family there, it's always seemed to me, not only bereaved but having the whole country decide to not mention it again) while the latter would ensure everyone could concentrate on getting wealthy and stay out of politics. If the economy goes bad that contract fails.


The Cultural revolution was not 'largely down to external stuff'. It was the brain-death of a country and it was overwhelmingly down to Mao (though I would say it also had something to do with the nature of socialism, Mao was actually trying to avoid the beauracratisation that took hold in the USSR). That you don't appear to be aware of that period again suggests you are in a weak position to tell others they need to learn stuff. Maybe stop being so arrogant and aggressive when you don't really have the knowledge to justify it?

Now it's true that China seems to have evolved further, and changed again since the post-Tiennamen period. On the one hand its become a bit wealthier with more of a middle-class, on the other President Xi seems to be becoming more dictatorial and has been dropping the old post-Mao fear of a cult of personality with its emphasis on collective leadership. I don't really know where its going now.

I think the term "authoritarian capitalist" is a great phrase to describe China's current system.
 

Bitek

Lifer
Aug 2, 2001
10,658
5,228
136

Good article.

I think it links together many good points, I especially liked the long view of history, a history and Chinese perspective of Western imperialism Americans are largely ignorant of.

While the imperialist dominance of China was primarily by Europe and Japan, I think Americans are only thinking of the experience of the last two decades, however we shouldn't assume the Chinese are.

I think it also makes good points that part of our problem has been poor support and investment in the country and our industries by the govt. Instead we've favored a more laize faire style of capitalism, keeping a lid on govt support and investment, and favored tax cuts and the will of the market to lead instead.

Overall I think we have been naive on what the will of the market is and where it will take us.
 

pmv

Lifer
May 30, 2008
13,276
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I think the term "authoritarian capitalist" is a great phrase to describe China's current system.

It seems a reasonable fit, at least on the surface. But to be honest the whole set-up there I find hard to figure-out, it's something new that doesn't fit into the old theories. I mean one hard-left line on both the USSR and China was that the economics should stay the same while the political structures needed to be completely overthrown. Instead the exact opposite has happened.
 

pmv

Lifer
May 30, 2008
13,276
8,200
136


Good article, though the author has a peculiar intellectual history. He's the guy who pushed shock-therapy privatisation for the USSR, with disastrous results. Then reinvented himself as a promoter of constructive development aid to the poorer countries. An example of how you don't have to like someone to agree with some of the things they say, I guess. Someone said of him "I hope he achieves everything he's now trying to do, but gets none of the credit for it"
 

Bitek

Lifer
Aug 2, 2001
10,658
5,228
136
It seems a reasonable fit, at least on the surface. But to be honest the whole set-up there I find hard to figure-out, it's something new that doesn't fit into the old theories. I mean one hard-left line on both the USSR and China was that the economics should stay the same while the political structures needed to be completely overthrown. Instead the exact opposite has happened.

Yes it is rather odd from what the communist propaganda had been, and I'm not claiming to be an expert on China.

It does seem though (along the points you previously discussed) that they are moving along this direction of a deal between the govt and the people, whereby the govt provides prosperity and the people accept a limit on personal freedom and questioning the authority of the govt.

It is at odds with doctrine, otoh does seem a natural evolution from the turmoil of Tiananmen Square.

There was a good article in the Financial Times over the weekend on this subject.
 

sdifox

No Lifer
Sep 30, 2005
96,171
15,776
126
Good article.

I think it links together many good points, I especially liked the long view of history, a history and Chinese perspective of Western imperialism Americans are largely ignorant of.

While the imperialist dominance of China was primarily by Europe and Japan, I think Americans are only thinking of the experience of the last two decades, however we shouldn't assume the Chinese are.

I think it also makes good points that part of our problem has been poor support and investment in the country and our industries by the govt. Instead we've favored a more laize faire style of capitalism, keeping a lid on govt support and investment, and favored tax cuts and the will of the market to lead instead.

Overall I think we have been naive on what the will of the market is and where it will take us.


US was the junior partner then. But it got its share of Chinese loot.

Example

https://en.wikipedia.org/wiki/Boxer_Rebellion
 
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sdifox

No Lifer
Sep 30, 2005
96,171
15,776
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Yes it is rather odd from what the communist propaganda had been, and I'm not claiming to be an expert on China.

It does seem though (along the points you previously discussed) that they are moving along this direction of a deal between the govt and the people, whereby the govt provides prosperity and the people accept a limit on personal freedom and questioning the authority of the govt.

It is at odds with doctrine, otoh does seem a natural evolution from the turmoil of Tiananmen Square.

There was a good article in the Financial Times over the weekend on this subject.


More like that has been the model all along.

Chinese export to US in 2018 was 18% of all Chinese export, but HK soaks up 14% by itself. Pretty sure they can handle the reduction in US export.

That Huawei ban better be resolved quickly or the Chinese will bring out the big guns.
 
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dawp

Lifer
Jul 2, 2005
11,345
2,705
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wonder what would happen if china just killed all imports and exports from the us.

I think they're more likely to do this than the us is.
 

sdifox

No Lifer
Sep 30, 2005
96,171
15,776
126
wonder what would happen if china just killed all imports and exports from the us.

I think they're more likely to do this than the us is.

Trump is more likely to pull that, though hopefully the people around him can stop him.
 
Mar 11, 2004
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It seems a bit arrogant to tell others they 'need to learn something' and then go on to say China is 'just as socialist' as the USSR 'otherwise' than economics. Socialism is an economic system, you realise? You can't really be 'socialist' otherwise than economics. Are you one of those Americans who think of 'communism' as just anything 'unamerican' or dictatorial? Like the that Fox News one who thought Imperial Japan was communist?

And the relevant period of China's instability was quite recent - I remember it. The cultural revolution was traumatic for many of those who went on to lead the country. That's why subsequent generations of leaders feared 'instability' beyond everything else. After Tiennamen it was clear that a kind of contract emerged between the population and the leadership - one which meant the former would forget Tiennamenn even happened (very, very rough for those who lost family there, it's always seemed to me, not only bereaved but having the whole country decide to not mention it again) while the latter would ensure everyone could concentrate on getting wealthy and stay out of politics. If the economy goes bad that contract fails.


The Cultural revolution was not 'largely down to external stuff'. It was the brain-death of a country and it was overwhelmingly down to Mao (though I would say it also had something to do with the nature of socialism, Mao was actually trying to avoid the beauracratisation that took hold in the USSR). That you don't appear to be aware of that period again suggests you are in a weak position to tell others they need to learn stuff. Maybe stop being so arrogant and aggressive when you don't really have the knowledge to justify it?

Now it's true that China seems to have evolved further, and changed again since the post-Tiennamen period. On the one hand its become a bit wealthier with more of a middle-class, on the other President Xi seems to be becoming more dictatorial and has been dropping the old post-Mao fear of a cult of personality with its emphasis on collective leadership. I don't really know where its going now.

Not any more arrogant than you classifying China as having a "long history of serious instability" (and then you focused on just the Cultural Revolution; sorry, saying a period of like at most a few decades is "long history" of a civilization that stretches literally thousands of years, that's just plain stupid; heck its stupid within your own timeframe where the "peace" is as long or longer but you act like its so tenuous because of this other "long history" that shows China is prone to instability) or you trying to simplify things as "Liberals blame Russia, Conservatives blame China", so if you really wanna whine about arrogance maybe not start it?

Its not that simple (socialism can actually be fairly independent of your economic policy, as shown by democratic socialist countries that leverage free market capitalist economic policies). Even China's "free market" is near full on Soviet socialist (companies don't operate in China without government approval and often via direct funds of the government - or them paying the government to let them operate with some independence, but then Russia wasn't total die hard locked onto that especially in later years when they tried to start opening up; it was the lessons of the Soviet Union that helped China understand how to operate differently, although honestly knowing not to get locked into a stupid massively expensive and fruitless war in Afghanistan should've been somewhat obvious; likewise, don't try and get into a pissing/spending contest with the US over military), so I'm not sure if you realize you're actually explicitly supporting my point by trying to offer a counterargument because I called out your silly claim that China is somehow less socialist compared to the USSR (it isn't, I was merely trying to dismiss such claim over citing the alleged "free market" economic policies). I could've even dropped the "less socialist otherwise" but that was where I was trying to highlight that the "free market" difference between them is pretty limited (but makes all the difference).

Yeah, talk about arrogance, but hey if it bothered you so much not sure why you led with it and are now doubling down on it? Let me guess you're one of those Europeans that keeps insisting that you're not every bit as racist or messed up as the US, despite you know, you fucking clowns having the most sustained blatantly racist behavior in pretty much all of human history (that is also where that shit in the US came from)?

The thing is, everywhere on Earth experienced that instability. You might've remembered it, little things like World War I, II, the Cold War (that included a lot of actual wars, we can definitely delve into the many areas that experience similar "cultural revolutions" if you'd like)? But yep, its just China being so unstable during the Cultural Revolution!

What do you think gave rise to Mao and the Cultural Revolution? Na, you're right, I'm sure Japan waging war and committing atrocities against them had no bearing on the Chinese people and their push for isolation and controlling their own destiny (which is why someone like Mao could come in and do what he did). Likewise, the Boxer Rebellion, nah, that had no bearing on any subsequent history in China. The West raiding China for cheap labor for decades (centuries really if you see the similarities between say Chinese immigrants building the American railroads and them building iPhones/etc), nah, that didn't matter. The West deliberately getting Chinese people hooked on opium so they could fuck them over? Totally didn't matter to China (I'm sure it has nothing to do with them turning a pretty blind eye to Chinese companies exporting drugs to the west). Weird that in your mind the Cultural Revolution was a "long history of instability" that lasted shorter than most of the external stuff that happened to China around the same time (individually), and thus the external factors somehow weren't largely behind the instability China had for awhile there.

Yeah, you might wanna take your own advice (claiming I'm not aware of China's 20th century history, while you show massive ignorance about it).

And as for their being more free market and thus not having that particular vulnerability that the USSR did - duh, that's exactly what I said in the post you are quoting, then you go on to repeat it as if it's something new. You argue in a really weird way as if the need to disagree is the most important thing rather than actually making a point.

Oh, and this 'bothsides' term that gets used so much here is becoming like the new 'Godwins Law' - used more often as a substitute for an argument that it is used accurately. In many situations there aren't, in fact, just two sides, in any case, so its quite a limited concept.

The other thing is I can't help but see the dismissal of any negative consequences for China as a slightly callous lack of concern for the wellbeing of anyone other than Americans. Similarly the US has a tendency to inflate it's "enemies" to be all-powerful demons, all the better to paint it's own actions as heroic.

Actually, its by no means just the US, it's the West in general. Every single third world dictator or populist the UK has gone to war with - from Nasser to Milosovic to Saddam to Assad - gets painted as 'the new Hilter', posing a terrible existential threat to us, as if they were going to take over the world. Even the USSR got falsely painted as more powerful and more aggressive than it actually was.

Considering you literally started that post saying "I don't even know" and you waffled all over the place on that being a good or bad thing for China (seriously, did you actually read what you wrote?), no clue why you're getting pissy at me for going "no, its pretty clear, its not gonna hit China like it did the Soviet Union"? I could've gone into more detail in pointing out the massive disparity in the situations, but I didn't see the need.

Hell, I don't even know where you think I was disagreeing with your point there? Its like you just assumed I disagreed with everything you said because I called out you're really stupid claim (actually more than one but its the only one I explicitly said was really fucking stupid) elsewhere in your post. The issue is you basically just said it could go either way (and outright said you were "unsure about the whole thing") which is why I felt the need to say it clearly.

And you said China was so unstable (you're the one that wanted to call out China's history, which I was just pointing out did not really support your claim, and specifically mentioned that a lot of that recent instability was due to external factors; which apparently I gave you too much credit for realizing that maybe I wasn't meaning the Cultural Revolution was external but the external stuff just might have had something to do with later things that happened in China, like it leading to populist rising and isolationism, but fuck me I guess for not taking the clear signs of "I don't know" and outright idiocy you showed just prior to that; suddenly you trying to frame modern liberal versus conservatives as blaming everything on some group makes a lot more sense though!).

Yeah, except you literally went "both sides" the argument. This was after you said you didn't even know but acted like you still knew better than either (that you just dismissed by trying to massively seriously stupidly dumb down arguments of). FYI, your point about it simply being dismissive (as in, not validly dismissive) is only true if you weren't doing exactly what that phrasing is pointing out. But you were, hell you were actually doing what you're now complaining about me doing, as you were doing that to simply dismiss both of them. Its not often that you'll find me defending conservative idiocy, but even it is more in depth than that simplistic to the point of pointlessness comment.

But yep, I was the arrogant one, and you weren't at all! FYI, you trying to couch things by saying you don't know, yeah that doesn't give you a free pass to say stupid shit. Its right up there with "I'm not racist, but..." And that you then got mad at me for pointing out your poor assessment and declaring me ignorant for responding when you literally fucking said you don't even know, just baffling. And then you arguing against my point by simply saying I argued against your point (which I didn't even actually do; I can say the same thing you said but instead of going "durr, gee I dunno" I can just clearly say the point you offered, just deliberately saying that its quite clear actually). That we were making similar point was not lost on me (there's a reason I didn't bother going further on that or your other points because I mostly agreed even if they were much clearer than you acted like they were; that both sides are harmed by a war - whatever means its waged is pretty obvious, which is exactly something many people have been arguing). At the same time, your very poor statements were likewise not lost on me, which is why I responded to them as I did.

Beyond that, all the arrogance, yeah take a look in the mirror and realize that maybe the response has something to do with what its responding to. I'm not the arbiter of all knowledge, but if you say stupid stuff, I'm going to call it out. I'm certainly not above mistakes either (I was overly simplistic in backing up why China's "free market" - which isn't really a free market - would make them less susceptible to the harm the Soviet Union saw, but you clearly understood since as you claim we were actually in agreement except not sure how you can say that when you were saying you didn't know...).
 
Mar 11, 2004
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Good article, though the author has a peculiar intellectual history. He's the guy who pushed shock-therapy privatisation for the USSR, with disastrous results. Then reinvented himself as a promoter of constructive development aid to the poorer countries. An example of how you don't have to like someone to agree with some of the things they say, I guess. Someone said of him "I hope he achieves everything he's now trying to do, but gets none of the credit for it"

I could definitely see someone that was involved in the Russian economic shock-therapy finding its results to be an eye opener and wanting to change specifically in response to that.

Its a shame that we didn't learn sooner. Look at tobacco companies and the havoc they've wreaked internationally after the West clamped down on them. It basically trained them how to deal with governments, so they're more effective than they were, going up against less effective governments.
 
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