If industrialization raises up a population, financialization plunges them.
Corporations in the US are seeing the highest profits they’ve ever seen in history. Wage theft has never been worse. Income disparity is widening more and more every year without any prospect of redistribution in sight.
Corporations in China, however, are folded into the state as soon as they get too large. Corporate profits are collected by the state and redistributed to the population. China has many more protections to prevent it from choosing greed and sacrificing the working people than the US.
I want what’s happening in China to happen to us in America.
If industrialization raises up a population, financialization plunges them.
Corporations in the US are seeing the highest profits they’ve ever seen in history. Wage theft has never been worse. Income disparity is widening more and more every year without any prospect of redistribution in sight.
Corporations in China, however, are folded into the state as soon as they get too large. Corporate profits are collected by the state and redistributed to the population. China has many more protections to prevent it from choosing greed and sacrificing the working people than the US.
I want what’s happening in China to happen to us in America.