• superkret@feddit.org
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    3 months ago

    So they’re now outsourcing production to the West? We’ve really come full circle.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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      3 months ago

      The difference is that they’re not doing it at the expense of hollowing out their domestic industry. They’re supplementing their own industry by building additional industry around the world.

      • switchboard_pete@fedia.io
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        3 months ago

        “it’s just supplemental” would have initially worked to describe us industry shifting out

        investment is finite, so if you have the choice between a and b, investing more money in a is by definition investing in a at the expense of b

          • switchboard_pete@fedia.io
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            3 months ago

            it occurs when it’s economically more efficient to move industry out of your country than to keep it in

            unless you’re suggesting china will willingly run the bulk of its industry with decreasing efficiency over time for the sake of keeping lower paying jobs domestically

            These developments look increasingly structural. The authorities’ stance since 2020, including regulatory tightening and zero-COVID lockdowns, appear to have inflicted long-lasting damage to China’s private economy, the dynamism of which was a defining feature of its economic miracle in the past four decades. Nearly 20 months into China’s COVID reopening, the private sector has yet to bounce back, despite many pro-private business utterances and gestures from China’s leadership.

            i’m not sure private businesses failing over covid is a good thing for an economy

            • TheOubliette@lemmy.ml
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              3 months ago

              it occurs when it’s economically more efficient to move industry out of your country than to keep it in

              It is not, generally speaking, more economically efficient to deindustrialize your own country. The logic you are using is neoliberal with “efficiency” meaning, “maximize profit for the financial sector”. This is an arrangement planned due to US-based economic crises and should not be projected onto China like some iron law. The US, as the global seat of capital, is uniquely harmful.

              i’m not sure private businesses failing over covid is a good thing for an economy

              The thing they wanted you to see were the statistics, not the guesswork and editorialization from that article.

              • switchboard_pete@fedia.io
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                3 months ago

                It is not, generally speaking, more economically efficient to deindustrialize your own country

                china is literally taking money that they could invest in domestic industry and investing it in industry overseas

                i guess now you get to explain why they’re doing that if some form of economic efficiency isn’t the answer

                The thing they wanted you to see were the statistics, not the guesswork and editorialization from that article.

                “don’t look at that bit of the source i just chose to show you” would be an astounding bit of mental gymnastics

                • TheOubliette@lemmy.ml
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                  3 months ago

                  china is literally taking money that they could invest in domestic industry and investing it in industry overseas

                  This does not address what I said. Foreign direct investment is not the same as deindustrializing your own country. There are also more subtle, or at least often ignored, financial aspects regarding balance of payments and derisking from the dollar and eventual attempts at decoupling.

                  i guess now you get to explain why they’re doing that if some form of economic efficiency isn’t the answer

                  What do you think economic efficiency is?

                  “don’t look at that bit of the source i just chose to show you” would be an astounding bit of mental gymnastics

                  The expectation is that you engage critically so that you can match up the source with the part they are talking about. In this case, it is that the balance between public and private ownership has shifted towards public in recent years.

                  Instead of engaging with what parent was talking about, instead an editorializing quote was found and now we are talking about that and other poor attempts at wit.

            • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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              3 months ago

              Again, you’re thinking from a perspective of a market economy which China is not.

              i’m not sure private businesses failing over covid is a good thing for an economy

              I’m sure that saving countless millions of lives and preventing people from becoming sick and turning into a strain on the healthcare system is actually very good for the economy.

              • switchboard_pete@fedia.io
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                3 months ago

                Again, you’re thinking from a perspective of a market economy which China is not.

                no, i’m thinking from the perspective of resources being finite, which they are

                also, i don’t think you know what a market economy is. china literally calls itself a market economy

                I’m sure that saving countless millions of lives and preventing people from becoming sick and turning into a strain on the healthcare system is actually very good for the economy.

                the meme of “countless millions of lives” aside, you making this argument means that you accept that china shifting more to state-capitalism than regular capitalism isn’t intentional, so i’m not sure what point you’re trying to make

                • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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                  3 months ago

                  no, i’m thinking from the perspective of resources being finite, which they are

                  Resources being finite has fuck all to do with where manufacturing happens.

                  also, i don’t think you know what a market economy is. china literally calls itself a market economy

                  China is a state planned economy where markets act as an allocator. The state makes the decisions where the resources should be allocated however. That’s the difference from actual market economies where allocation happens completely organically based on the whims of the investors.

                  In fact, what China actually calls itself is a birdcage economy where the market acts as a bird, free to fly within the confines of a cage representing the overall economic plan. https://informaconnect.com/a-birdcage-economy-understanding-china/

                  the meme of “countless millions of lives” aside, you making this argument means that you accept that china shifting more to state-capitalism than regular capitalism isn’t intentional, so i’m not sure what point you’re trying to make

                  It’s always adorable when people use terms they have very shallow understanding of. There is a fundamental difference between regular capitalism and what you refer to as state capitalism. The purpose of labor under regular capitalism is to create capital for business owners. Capital accumulation is the driving mechanic of the system, hence the name. Meanwhile, the purpose of state owned enterprise is to provide social value such as building infrastructure, producing food and energy, providing healthcare, and so on.

                  The point I’m very obviously making is that the state has very different goals from private capital, and thus it allocates labor differently. If this is a point that you have trouble understanding then maybe you can spend a bit more time educating yourself on the subject instead of debating a subject you clearly have a very tenuous grasp of.

            • DeathsEmbrace@lemm.ee
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              3 months ago

              I disagree with your last point. A lot of companies should have sunk in covid and been consumed by more prepared ones. The governments didn’t want it to happen and they proved we actually live in a social net capitalist economy. This way if rich people accidentally lose we can remember socialism exists for them alone.

              • switchboard_pete@fedia.io
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                3 months ago

                A lot of companies should have sunk in covid and been consumed by more prepared ones.

                either way, mass company failure due to covid doesn’t imply anything about the split of china’s economy going forward

        • TheOubliette@lemmy.ml
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          3 months ago

          “it’s just supplemental” would have initially worked to describe us industry shifting out

          The difference being that China is not neoliberal. This does not coincide with deindustriakization, crushing unions, maximizing “free markets”, etc. It also does not correspond to anything like the regimes the US used to make offshoring in its own interests, namely to force imbalanced export economies on other countries premised on unequal exchange and a dollar-heavy (im)balance of payments. Worst case scenario of success is that other countries, particularly in Africa, develop industry, infrastructure, and good jobs while China gains trading partners and stays heavily industrialized, as they care for their real economy.

          investment is finite, so if you have the choice between a and b, investing more money in a is by definition investing in a at the expense of b

          At the level of entire countries this logic can break down. For example, third world countries have to figure out what to do with all these dollars they receive from their imbalanced export economies. You can’t just spend it on anything, yiur country needs to function and you can’t buy everything from everyone at fair prices this way.

          • switchboard_pete@fedia.io
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            3 months ago

            The difference being that China is not neoliberal

            i’d respond to this paragraph but you really haven’t made a coherent argument past “us bad china good”

            At the level of entire countries this logic can break down.

            no, because resources are always finite. the resource doesn’t have to be “money”.

            • TheOubliette@lemmy.ml
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              3 months ago

              i’d respond to this paragraph but you really haven’t made a coherent argument past “us bad china good”

              Please try your best to engage in good faith and not make things up. There’s plenty for you to ask about or engage with if you have the interest.

              no, because resources are always finite. the resource doesn’t have to be “money”.

              The original topic was investment, which includes money and is relevant to the balanve of payments issue, particularly with African countries with th3 aforementioned imperialized economies. You cannot understand, for example, offshoring, without understanding unequal exchange, and this makes what might seem like a finite resource problem into one where you must think about coercion and graft and where production is directed.

              • switchboard_pete@fedia.io
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                3 months ago

                Please try your best to engage in good faith and not make things up.

                if you want, you can try restating the argument you were trying to make before you slipped and typed out a ramble about how the us is bad

                The original topic was investment

                money isn’t the only thing you invest when you set up a manufacturing base

                • TheOubliette@lemmy.ml
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                  3 months ago

                  if you want, you can try restating the argument you were trying to make before you slipped and typed out a ramble about how the us is bad

                  Slipped up? I directly responded to the comparison to US offshoring that you made to explain why this is different. I guess you have no answer.

                  Please do your best to act in good faith. It’s okay for you to say, “that’s a good point, I will think about it” or not reply at all. It is not okay for you to make things up.

                  money isn’t the only thing you invest when you set up a manufacturing base

                  If you took ten seconds to think about it, having any financial component makes my point correct and yours incorrect. Your zero sum game logic simply does not apply on multiple levels, as I have explained.

                  This might be clearer to you if you actually dealt with what I said instead of cherry picking.

    • baru@lemmy.world
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      3 months ago

      Why do you assume the West? China often expands to other Asian countries. Or pretend to. E.g. after tariffs are applied to China you’ll often see a huge increase in intra Asia trade. Followed by different Asian countries heavily increasing their exports. Usually by hiding the true origin (tariffs are applied to the origin, not some transhipment place).

      • Hawk@lemmy.dbzer0.com
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        3 months ago

        Also a lot of infrastructure in Africa is being funded in China, their position there is only going to grow stronger.

  • njm1314@lemmy.world
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    3 months ago

    And then we have mass worker revolts to seize the means of production in these countries right? Right?

    • CyberMonkey404@lemmy.ml
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      3 months ago

      Woulda been funny. Not just for the obvious benefit of having an uprising and potential revolution in Europe, but also to see how genuine those “red millionaires” are about socialism with Chinese characteristics

      • Cowbee [he/they]@lemmy.ml
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        3 months ago

        A bit nitpicky, but the idea behind SWCC isn’t that the Capialists in the PRC are “the people’s Capitalists” or anything, but that the State as a DotP allows market competition in a controlled manner similar to a birdcage. As these markets form monopolist syndicates, they centralize, and socialize, by which point the CPC increases public owership. Communism is achieved by degree, not by decree. Trying to achieve Communism through fiat has historically resulted in struggles and difficulties.

        I recommend reading Socialism Developed China, Not Capitalism for an overview of what that entails.

        • InputZero@lemmy.ml
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          3 months ago

          You’re asking for people to be empathetic to an enemy on the internet. Good fucking luck with that. In real life I hope the people who call for violent revolution are just blowing off some steam and aren’t actually advocating for the wonton destruction of uncountable lives. Like you I’m concerned they’re not, but I’ve learned that there’s no room for nuance online.

          Which is why to everyone else I’m saying this, just because I said I don’t want an enormous number of people to die, doesn’t mean that I don’t want to see capitalism fall. I just don’t want to commit a Holocaust doing it. Now go ahead and downvote me now.

          • Cowbee [he/they]@lemmy.ml
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            3 months ago

            “The very concept of “revolutionary violence” is somewhat falsely cast, since most of the violence comes from those who attempt to prevent reform, not from those struggling for reform. By focusing on the violent rebellions of the downtrodden, we overlook the much greater repressive force and violence utilized by the ruling oligarchs to maintain the status quo, including armed attacks against peaceful demonstrations, mass arrests, torture, destruction of opposition organizations, suppression of dissident publications, death squad assassinations, the extermination of whole villages, and the like.”

            -Michael Parenti, Blackshirts and Reds

            Revolution has saved countless lives the world over, to denounce revolution without denouncing the incredible violence of the status quo is anti-Leftism.

            • InputZero@lemmy.ml
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              3 months ago

              Okay, so I never said never use violence or to just accept the status quo. Don’t put words in my mouth. I’m not so nieve that I think any real change won’t happen without a lot of violence. Violence is distasteful and should be avoided, but is also sometimes necessary. If King Louis’ head didn’t get chopped off, I would probably have been born a literal serf instead of a modern version of one. If the oligarchs of today lost their heads I wouldn’t feel a thing, when they bite the dust I don’t. I just think the conversation on lemmy.ml needs to take a pause and think for a second. Cause it seems to me that many people here want to kill everyone who is higher up on the social ladder than they are. That just perpetrates the endless cycle of violence, it doesn’t make a better world.

              Sure the world would be better without Jeff Bezos, or Elon Musk, or many others. I’ve read discussions people seemed to take seriously suggesting that millions to tens of millions of people in their country deserve to die. Apparently saying don’t kill people with complete disregard for the importance of life is a bridge too far for this part of the internet.

              • Cowbee [he/they]@lemmy.ml
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                3 months ago

                Cause it seems to me that many people here want to kill everyone who is higher up on the social ladder than they are

                Can you explain? This doesn’t seem to be the case at all. Maybe it’s just that I’m a Marxist-Leninist and understand what other Marxists are getting at better.

                I’ve read discussions people seemed to take seriously suggesting that millions to tens of millions of people in their country deserve to die

                Do you have an example?

  • Pika@sh.itjust.works
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    3 months ago

    I’m not sure why we care. It’s just simple competition, if your opponent is able to sell a cheaper product, either lower your price or deal with it. It’s basic capitalism.

    While I’m for tariffs on import to at least make cost equal to minimum wage for workers (to equate for the pay wage differential) if the factories are being built in house, it means they are following country standards including wages, I don’t see the issue.

    • TheOubliette@lemmy.ml
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      3 months ago

      Free market propaganda has never been applied under equal circumstances. It is rhetoric used by capital to reduce or destroy regulations, labor, national sovereignty, etc. Western industrialized capitalist coubtries built their industry and infrastructure using tariffs to protect it, then turned around and demanded the opposite from other countries so that they would have to buy their products and sell whatever those colonizer countries wanted (at the time, usualky raw materials).

      Now that other countries are ascendant, US-based “free market” capital is gladly re-embracing protectionist logic. It has only ever been about maximizing their profits. The “theory” of free markets tails capital, it isn’t a science or even a valid line of thought.

      • azl@lemmy.sdf.org
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        3 months ago

        And this behavior is somehow sold to the public as a way to boost the economic wellness of the people living under the isolationist programs, but instead it enables profiteering corporations to exert more control over the artificially narrowed market space.

        Locking the door with the fox(es) in the henhouse.

        • TheOubliette@lemmy.ml
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          3 months ago

          In some cases it has improved public welfare as industrial capital demanded infrastructure and education, though of course they also demanded as much of your day as possible for as little wage as possible. And as finance wins out it acts like a parasite on productivity while still demanding maximum time and minimal wages.

    • Pup Biru@aussie.zone
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      3 months ago

      economics is far from a simple competition… things like game theory lead to monopolies being bad for everyone, and that’s what china wants in a lot of cases. the chinese government subsidises some of its industries dramatically so they can take over a global market and then slowly backs off the subsidies when they’ve killed their competition

      it’s similar to microsoft’s embrace, extend, extinguish strategy

  • QuarterSwede@lemmy.world
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    3 months ago

    Seems like a short lived plan. Just need to change laws so that Chinese owned vehicles have a tariff, no matter where they’re made. Of course, then they just create shell companies in the states/EU and the game of cat and mouse continues.