The US and European market-based economies are struggling to survive against China’s "very effective" alternative economic model, a top US trade official warned on Thursday (4 April).
“Now, no one — certainly not me — is discounting the power of markets,” Sullivan noted at the time. “But in the name of oversimplified market efficiency, a large non-market economy had been integrated into the international economic order in a way that posed considerable challenges.”
HORSESHIT. Boils my blood hearing rich industrialist propaganda on why they run and cry to their government about having to compete.
Translation: “We lied to you all about government ownership of businesses being a bad thing. We’re going to keep lying and hope you’re too stupid to realize it, dipshit.”
“Now, no one — certainly not me — is discounting the power of markets,” Sullivan noted at the time. “But in the name of oversimplified market efficiency, a large non-market economy had been integrated into the international economic order in a way that posed considerable challenges.”
HORSESHIT. Boils my blood hearing rich industrialist propaganda on why they run and cry to their government about having to compete.
You can just say capitalist propaganda lol
Translation: “We lied to you all about government ownership of businesses being a bad thing. We’re going to keep lying and hope you’re too stupid to realize it, dipshit.”