My god, even the best chance for socialism is hopeless because of the dollar. “it’s not doomer because the party could do something different” idgaf day after day it’s more dollars and less long term hope. Nothing China does can matter because all the green energy, all the bnr, all the poverty elimination, all of it is paid for with imperial currency and little to no interest in changing this arrangement from within. The party will talk about win-win arrangements and mutually-beneficial cooperation until the fucking nukes are flying.

  • PKMKII [none/use name]@hexbear.net
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    1 month ago

    Yeah to put things in perspective, just a decade ago the concept of dedollarizing the global economy wasn’t even discussed. The fact that it’s now presented as a, albeit extremely unlikely, possibility is itself a dig of a shift in global economic power.