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0 sats \ 2 replies \ @Solomonsatoshi 3h \ parent \ on: The foolish temptation to feel superior AskSN
Study the history of the USA- no other nation has in modern times infiltrated, assassinated and other-thrown more governments and killed more people than the USA- all in the name of US wealth, power and hegemony.
There is absolutely such a thing as a mixed economy- study economics and learn.
It is for example where China directs capital to the mining and refining of rare earths which are in turn used by multiple Chinese companies to make all manner of modern high tech products from drones to EVs, PVs, electric motors, generators, rockets, robots and many many more military industrial products all giving China real and significant strategic and economic advantage over the 'free market' west where they do not have an assured supply of rare earths and now cannot fight a war of any size for at least ten years.
China won the trade war using the mixed economy model and now looks like gaining global hegemony because the crony capitalist west forgot the huge importance of strategic investment in supply chains, skills and infrastructure- something a mixed economy can do very well.
no other nation has in modern times infiltrated, assasinated and other-thrown more governments and killed more people that=n the USA- all in the name of US wealth power and hegemony.
And you think it worked? You think the US got rich by invading Iraq?
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Since Iraq the US empire has been in obvious decline.
Most of the oilfields in Iraq are being developed and operated by Chinese engineers and companies- because China has built a more effective global mercantile and resource development program than the corrupt militaristic US one.
Chinas mixed economy model is beating the west at its own game.
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