• ReadMoreBooks@lemmy.zip
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    19 hours ago

    I think I’ve wrapped my head around it.

    Trump is stupid but also a puppet. The mandate of capitalism is eternal economic growth. Tariffs force greater consumption of domestic products. This maximizes gains evaluated in scope of a 4 year cash grab.

    Is it really this simple?

    • blobjim [he/him]@hexbear.netOP
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      7 hours ago

      I mean I think the tarrifs are a ruling-class or at least government consensus where they get to put the blame on Trump. I think this actually is the long-term planning “national security” effort to onshore stuff before “China wins”. You can find those articles that occasionally come out about finding alternative sources for various natural resources like rare earth metals or whatever.

    • KatGirl [pup/pup's, pup/pup's]@hexbear.net
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      12 hours ago

      Pretty much yeah. Capitalists always would rather get short term profit than long term profit. While the wealthy might get more money now from the tarrifs, since most of the us industry was shipped overseas its going to hurt the wealthy’s bottom line very quickly. Its not just the normaal push for short term profit, its an extra desperate push as a last ditch effort

    • Xavienth@lemmygrad.ml
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      9 hours ago

      All the biggest capitalists, the ones that can swing their dicks around in politics, have factories in China. They get money regardless of where their products are manufactured.