• Cowbee [he/they]
    link
    fedilink
    arrow-up
    4
    arrow-down
    2
    ·
    3 months ago

    Do you have any logical basis for rejecting what I’ve said, or are you just running on vibes and magic?

    • RaoulDook@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      5
      ·
      3 months ago

      I could ask you the same thing, and it would be bullshit to me, just as whatever I reply with would be to you. From my perspective you’re in some dumbass communist fantasy based on the internet ramblings of children.

      • Cowbee [he/they]
        link
        fedilink
        arrow-up
        6
        arrow-down
        2
        ·
        3 months ago

        I dunno, you tell me where this is bullshit.

        1. Over time, Capitalism trends towards monopolization. We see this with mergers, “daughter companies,” and other alignments as groups coalesce into syndicates

        2. Financial Capital, ie Banks, begin to control Industrial Capital through aquiring large amounts of shares and including conditions in loans, resulting in large-scale mergers of Capital

        3. Companies seek to export Capital, both industrial and financial, to the Global South where resources and wages are cheaper, so as to increase profit margins tremendously.

        4. Countries in the Global North generally divy amongst themselves different areas of the Global South

        5. Underdevelopment due to expropriation of resources drives countries in the Global South against the Global North, cutting off revenue

        6. As a consequence of deindustrialization combined with countries kicking out the Imperialist Powers, these countries in the Global North face crisis

        Which do you disagree with?

        • RaoulDook@lemmy.world
          link
          fedilink
          English
          arrow-up
          2
          arrow-down
          1
          ·
          3 months ago

          I disagree with the assertion points 1 through 6 are factual. Those are all extremely broad generalizations based on assumptions you hold. Some of those things do happen on occasion of course, but it’s not a railroad track of 1 leads to 6 with no other possibilities. The financial industry is heavily regulated by the US Gov’t which exerts control to prevent much of 1 - 3 on your list.

          • Cowbee [he/they]
            link
            fedilink
            arrow-up
            5
            arrow-down
            1
            ·
            3 months ago

            We can see it happen regularly in industry, as we have seen with the IMF, Blackrock, Amazon, and more.

            The Capitalist State’s role is symbiotic with the Financial Capitalists, not predatory. The State is controlled by the wealthy Capitalists.