Politics

By creating overcapacity, China is forcibly deindustrializing every single one of its geopolitical rivals. Yes, this reduces profit for Chinese companies, but profit is not the goal of war.

The phenomenon is known as false polarization : polarization based not on genuine differences in the modal views of each side but on misperceived differences. According to Parker and colleagues, false polarization is amplified by partisan media, and has various harmful knock-on effects - effects potentially damaging to the democratic process.

“socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.”

But working people don’t need a principled debate about the role of the free market in society, they need higher material living standards