Late Stage Capitalism
A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.
A zero-tolerance policy for bigotry of any kind. Failure to respect this will result in a ban.
RULES:
1 Understand the left starts at anti-capitalism.
2 No Trolling
3 No capitalist apologia, anti-socialism, or liberalism, liberalism is in direct conflict with the left. Support for capitalism or for the parties or ideologies that uphold it are not welcome or tolerated.
4 No imperialism, conservatism, reactionism or Zionism, lessor evil rhetoric. Dismissing 3rd party votes or 'wasted votes on 3rd party' is lessor evil rhetoric.
5 No bigotry, no racism, sexism, antisemitism, homophobia, transphobia, ableism, or any type of prejudice.
6 Be civil in comments and no accusations of being a bot, 'paid by Putin,' Tankie, etc.
view the rest of the comments
China builds up countries it deals with, the West keeps them underdeveloped and over-exploited. I already showed how that is, so I will not copy and paste what I already did.
Somehow China doing the exact same business is mutually beneficial trade to uplift them both and Finland doing that business is imperialistic exploitation. Come on now friend.
As I said earlier, they are not doing the exact same business. Feel free to go back earlier in the thread!
You claimed so and your point was that China is just built different (but the actions are actually same). That's what makes this amusing.
My point has never been that their actions are the same. You boiled down complex relations to simple "trade," when the complexities and directions make it entirely different in outcome. That's like saying a surgeon and a knife-murderer are the same, because they both cut people.
I'm just saying since both do the same actions with the same effect on the country, it doesn't make much difference to the country in question. So I would judge them the same. But I think there might be a bit of an ideological bent at play here.
They don't do the same actions, and they don't have the same effect. I already explained some of the complexities back here. I'm sure there is an ideological bent at play trying to make you see Finland's documented Imperialism in a way that surely can't be any worse than a non-Western country.
Again, Finland's consumption is largely the labor of the Global South, and as such has played a role in depressing wages. China's consumption is largely its own labor, and since it needs to export commodities, it focuses on improving wages in the Global South and takes a multilateral approach, as its most profitable for them to raise up more customers.
Your mentioned differences are more due to the size difference between Finland and China than anything else, but Finnish companies have been involved in infrastructure projects too.
Hah indeed.
Finland (Finnish companies) is buying resources, involved in infrastructure projects, building factories, buying stuff they export. It's just the same sort of business China does. China is just a much bigger player with a much more pronounced effect.
Read the sources I linked. There is both a quantitative and qualitative difference, and its driven by the fact that Finland deals with the Global South as an employer exploits an employee, and China deals with the Global South as a store selling to customers. Finnish people as a whole live similar to landlords, off the backs of others, while China lives off of its own labor and needs customers to sell to.
China also works as an employer, though they sometimes also bring their own workers for resource extraction which imo seems more exploitative tbh. Not sure China is doing imperialism when they are an employer if that's what imperialism is.
For seemingly the dozenth time, I am asking you to read the sources. If you aren't going to accept my explanations, then look at the sources.
Fundamentally, the manner in which China approaches trade is focused on multilateralism, not on relying on using an overseas workforce in order to export the largest misery and only keep the more privledged forms of labor domestically as Finland, and the rest of the West, does.
If you want to learn more about Imperialism specifically, Imperialism, the Highest Stage of Capitalism is an excellent work, and the underlying analysis of structures has continued to this day. Michael Hudson's Super-Imperialism is US-focused, but continues that frame of analysis to the modern day.
I am looking at the sources but I am not seeing the exact difference. If a Chinese company and a Finnish company are both buying manufacturing, somehow one of them is imperialistic and the other isn't. It's just a very hard concept to understand. You'd think for the country at the other end and escpially on people level only the company that is paying the wages changes.
The problem is that you think the actions of China and Finland are the same in quantity and quality, hence your framing it as them "both buying manufacturing."
I mean the situation I described is the same. A company buying manufacturing, exchanging money for labour and products, making use of the cheaper wages.
The situation you described is the same, but it isn't an accurate picture of what's going on on the ground. The outcomes are entirely different as well because of how different the involvement is. With Finland, the Global South is exploited and extracted from, with China, the Global South is developed. Finland wants to squeeze the Global South for all it has, while China wants to build up customers and make a profit along the way.
Here's a video of Yanis Varoufakis talking about how dealing with China is different, here's Vijay Prashad talking about how the way China deals with Africa is fundamentally different from Europe and the US, China regularly forgives billions in debt because the point is to build up customers, not debt trap, and more.
The terms are entirely different in the deals made with Finland vs China. Certainly you can see how higher interest rates, and requirements to sell off sovereignty of your resources may make one loan far more exploitative than a simple loan that may be forgiven, correct?
How does the situation end up with a difference in the case where the situation is the same? If you have some sort of contracts to compare China and Finland then that would be interesting to look at. I'd be surprised if Finnish companies, being typically much smaller, manage to get better deals than Chinese ones.
Check the sources, its evident you haven't. Examples of differences are shown, and it isn't about being "better or worse," its because the purpose is different. China wants customers, Finland wants cheap labor.
Check the sources.
I didn't see any comparison of such contracts.
I was just saying that both are the same they're both as good or bad. When both are buying manufacturing then both are wanting cheap labour. Not much other reason to oursource manufacturing. Whether you think such outsourcing is bad as a rule is up to you.
Check the sources. The fact that you think they are both doing the same thing means you haven't read the sources legitimately. I provided many, so you can take your pick, but if you're going to continue to make false claims and refuse to engage with the sources I provided, then there's nowhere for this conversation to go.
If there honestly are comparisons of contracts of Finnish companies and Chinese companies for outsourced manufacturing then I'm just not seeing it. What source(s) have it?
Yanis talks about some of the differences, for the final time, check out the sources.
You mean this source?
Sadly seems like the video is gone now, since I last watched it. Nevertheless, the other sources offer more than enough evidence to the entirely different character of Western Aid vs Chinese Aid. The book Super-Imperialism is also useful for understanding how Western countries are Imperialist, though it says little about China as the focus is the US, and to a lesser extent, the EU.
The short summary is that Western Loans require participating countries to give up sovereignty over their national resources and industry through directed clauses in loans, increasing dependence on Western Loans and underdevelopment in the long run. Chinese loans do not come with such directed clauses, and with Chinese involvement comes dramatic infrastructural improvements, generally increasing autonomy.
When you boil it down to "they both trade," you equalize very different investment practices and erase the results.
It seems you're talking about "Western countries" as a unit and not specifically about Finland, which was the topic of the discussion. It would be a lot more fruitful to directly compare the two when the discussion is about the two.
There aren't going to be many sources in general specifically comparing Finland to China. I included sources in the beginning about the role the Nordics play in Western Imperialism. It's important to understand that the Western countries all are generally a part of the same Imperialist organization, spearheaded by the US, supported by its hundreds of millitary bases worldwide and unilateral control of institutions like the IMF.
Finland in particular is not the mastermind behind Western Imperialism, but it gladly accepts the presense of it and enjoys the spoils, a portion of which it uses to bribe its Proletariat against revolution with good safety nets and social services.
All of the backing for this is in the sources I have provided.
A comparison doesn't necessarily need sources comparing the two but sources about what sort of contracts and deals companies from both countries have made. Without that you can't really compare the two tbh.
China is member of the IMF too. I feel like China might have a bit more say over IMF than Finland does tbh.
So are we guilty from benefiting of it even if you can't really point to something we are actually doing that's worse than what China is doing? I was hoping to hear from some actual practises and concrete actions from both painting Finland in bad light but it sounds more like guilt by association situation.
I've already provided sources you have freely ignored, I have pointed to them and provided summaries from myself and in other sources. I am aware that China is in the IMF, and I offered sources on how its fundamentally different, and explained why that's the case, through showing the different economic goals needed to best support each economy.
Moreover, my point isn't that Finland has a larger impact individually than China, but that the impact Finland has is negative and extractionist while China's is positive.
If you want to do your own research and find loan specifics, which are often discrete, compile them all into a large dataset, and compare and contrast each unique clause and condition, be my guest. I have offered more than enough sources going over the how and why.
The thing is, even if I found exactly what you wanted, you still would invent a reason not to read through it just like you have with the other sources (minis the Yanis one, which I will admit not knowing the video was removed).
If your sources have specifically talked about Finland then I've managed to miss those parts. It seems more general talk about "the West" and that's not very helpful.
I was hoping something directly showing this.
You could quote it here and then link to it. That's usually what I do.
E: Wow this reached "max comment depth". All in all, I don't think there ever was anything directly about Finland, just "Western countries" this or that. Western countries have done bad things, Finland is a Western country, so Finland bad. It seems all very simplistic.
Finland is no different from the general Western strategy, it's a beneficiary of using the IMF to economically dominate and underdevelop the Global South for cheap imports. China doesn't want cheap imports, they want customers to export to and raw materials in countries they trade with to make those exports, so they necessarily must take a separate strategy.
The backings for both are in the sources I have listed. I have linked short overviews, and long, in-depth books like Super-Imperialism that paint a clearer picture. There's no single quote directly comparing Finland to China that I can find, but a wealth of literature on the differences between how China interacts with the Global South vs the Western countries, including the special role the Nordics in general play.
So yes, I provided many sources directly showing how Finland participates in predatory extraction and how China focuses on multilateralism, not out of charity, but out of having a different economic model with different requirements for success.