this post was submitted on 11 May 2024
55 points (100.0% liked)

askchapo

22768 readers
309 users here now

Ask Hexbear is the place to ask and answer ~~thought-provoking~~ questions.

Rules:

  1. Posts must ask a question.

  2. If the question asked is serious, answer seriously.

  3. Questions where you want to learn more about socialism are allowed, but questions in bad faith are not.

  4. Try !feedback@hexbear.net if you're having questions about regarding moderation, site policy, the site itself, development, volunteering or the mod team.

founded 4 years ago
MODERATORS
 

It's very obvious that amerikkka is circling the drain now, but clearly this didn't just happen in a vacuum. It must've started crumbling at some point... but when?

Some people might say it started after 9/11, others might say it goes back to the Raegan administration. A few might even say it started after losing the Vietnam War, or when they went off the gold standard. Or maybe even earlier...

What do you think? three-heads-thinking

you are viewing a single comment's thread
view the rest of the comments
[–] Wheaties@hexbear.net 25 points 6 months ago (1 children)

The big glaring difference is that the US don't have a US to hand things off too. From a certain perspective, China has done what we did to the Brits; studied what worked and what didn't, implementing accordingly. They effectively have a Keynesian-style New Deal economy, only without the liberal backslide into Gilded Age conditions.

But we're not going to hand things off to China. Er, well, we did, happily. With dollar-signs in our eyes and a KA-ching! noise and everything. But we're not going to accept the consequences of that. Maybe instead of accepting the laughable title of "#2 most powerful country in the world" like the Brits did, we'll just be doomed to a forever-Cold War. Completely dependent on the economy across the ~~Pond~~ Pacific, but stubbornly refusing to acknowledge it.

[–] flan@hexbear.net 24 points 6 months ago (1 children)

This is extremely stupid and therefore the most likely scenario.

[–] Wheaties@hexbear.net 17 points 6 months ago

lt-dbyf-dubois <- The smile is an expression of pain