return2ozma@lemmy.world to Asklemmy@lemmy.ml · 2 years agoWhy do some people defend the billionaires and capitalism?message-squaremessage-square217fedilinkarrow-up1287
arrow-up1287message-squareWhy do some people defend the billionaires and capitalism?return2ozma@lemmy.world to Asklemmy@lemmy.ml · 2 years agomessage-square217fedilink
minus-squareCowbee [he/they]@lemmy.mllinkfedilinkarrow-up15·2 years 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-up11·2 years 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-up6·2 years agoIt reversed industrialization and shifted internationally.
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.