return2ozma@lemmy.world to Asklemmy@lemmy.ml · 1 year agoWhy do some people defend the billionaires and capitalism?message-squaremessage-square218fedilinkarrow-up1287
arrow-up1287message-squareWhy do some people defend the billionaires and capitalism?return2ozma@lemmy.world to Asklemmy@lemmy.ml · 1 year agomessage-square218fedilink
minus-squareCowbee [he/they]@lemmy.mllinkfedilinkarrow-up15·1 year agoThe US shifted the vast majority of its production overseas, which is why it’s seen as a “service economy.”
minus-squareCowbee [he/they]@lemmy.mllinkfedilinkarrow-up11·1 year agoI am aware of the process, the US produces the vast majority of its commodities oversees before “finishing” or “assembling” in the US. It’s Imperialism in action, where it hyper-exploits the Global South for super-profits.
minus-squareCowbee [he/they]@lemmy.mllinkfedilinkarrow-up6·1 year agoIt reversed industrialization and shifted internationally.
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The US shifted the vast majority of its production overseas, which is why it’s seen as a “service economy.”
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I am aware of the process, the US produces the vast majority of its commodities oversees before “finishing” or “assembling” in the US. It’s Imperialism in action, where it hyper-exploits the Global South for super-profits.
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It reversed industrialization and shifted internationally.
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Trends.