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this post was submitted on 11 Nov 2024
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Post-1989 globalist liberalism failed to improve QoL, pure and simple. Across the western world, people have watched international trade deals do nothing but siphon jobs and wealth out of their homes
The issue isn't international trade, you'd have these exact same problems with no trade happening at all. The issue is unregulated (or poorly regulated) markets. So many monopolies and duopolies, and the most extreme income inequality. They need to start taxing the fuck out of the billionaire class and breaking up corporations like it's an Olympic sport and they're going for gold. Bring back 90%+ taxes on the billionaires.
~~"Guns don't kill people, people kill people"~~ "the issue isn't liberal globalism, the issue is unregulated markets."
Of course no one is arguing on halting all international trade but the same brainrot idealogy that encourages maximum globalism also encourages finding the least-regulated and most profitable trade partners. Until the entire globe can adopt a different paradigm, you can't reconcile those two components as not being inextricably linked. There's no possible scenario where global liberal capitalism doesn't produce unregulated, monopolistic, wealth-concentrating trade.
I like to believe this, too, but then I look around.
Giant houses, giant trucks, luxury goods, motorsport toys, boats, guns.... the people backing this stuff today are way better off than their parents were. 🤷♂️
Debt, debt, debt, and debt. Most people don't own anything in "their" home and probably never will.
Not to mention the fact that most of those (giant houses, trucks) are just people buying the only options on the market.