this post was submitted on 15 Oct 2023
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No, outsourcing does not spread wealth globally. In fact, the very opposite of that is happening in practice.
I'm not arguing for isolationism at all. I'm arguing for the country to leverage its own resources and labour to meet its needs without relying on exploitation of other countries. In fact, this has to be the foundation for any sort of public ownership where the workers own the means of production.
That's not what exploitation is.
The problems of having constant and consistent improvement of standard of living for its population without suffering economic crashes every decade as seen under capitalism?
The text simply explains the mechanics of financial capitalism which led to deindustrialization of the west. I do not have to agree with every single conclusion it makes. I don't have t come up with anything new because I'm perfectly happy with the kinds of relations USSR, Cuba, or China managed to achieve. I see these as a real and tangible improvement on relations in western societies under capitalism.
Nobody is stopping you from implementing your cooperativist utopia, but I'm simply explaining to you that it's an unlikely outcome in practice. You can do what you want with that.