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Joined 5 months ago
Cake day: April 24th, 2024
  • Juice@midwest.socialtoTechnology@lemmy.world•China spent more on chipmaking equipment than South Korea, Taiwan, and the U.S. combined — $25B in investments in the first half of the year | Tom's HardwareEnglish
    52·
    16 days ago

    No you see China’s economy has to be failing, if it isn’t then it would be a good market to find businesses to invest in. If a large enough segment of the small capitalists – for whom the great superstructure of American cultural reproduction is geared toward – began investing heavily in Chinese industry and saw large enough roi, they would structurally oppose anti-Chinese domestic policy. Not to mention other economic consequences like creating a more robust and durable class of small capitalists. If small capitalists felt greater economic security as a result of Chinese investment, it would damage not only the foreign policy aims (war) of a large segment of the ruling class who wants to destroy Chinese (lets call it) political republicanism and raid it for its resources and labor a la early 90s Russia; it would also threaten ideological temperament of small capitalists who inform aspiring small capitalists and legions of lumpen workers, who always feel the pressure of capitalism’s natural tendency to crush their classes during economic downturns. If these layers don’t feel threatened by China, if the west can’t successfully blame them for problems we created, then those layers whose exploitation is so crucial to the various profitability schemes of the ruling class might be more amenable to social democracy or maybe even socialism.

    The hate that westerners feel toward China is part fear that we will lose our social status, and part hatred of the conditions that allow Chinese markets to operate successfully and independently of our ruling class. Therefore, the Chinese economy must collapse, any day now…

    Ideology is a hell of a drug

  • Juice@midwest.socialtoTechnology@lemmy.world•Elon Musk has another secret child with exec at his brain implant companyEnglish
    1·
    3 months ago

    What I have thanks to money, what i pay for, i.e, what money can buy, that is what I, the possessor of the money, am myself. My power is as great as the power of money. The properties of money are my- (its owner’s)- properties and faculties. Thus what I am and what I am capable of is by no means determined by my individuality. I am ugly, but I can buy myself the most beautiful women. Consequently, I am not ugly, for the effect of ugliness, its power of repulsion, is annulled by money. As an individual I am lame, but money can create twenty four feet for me; so I am not lame; I am wicked, dishonest man without conscience or intellect, but money is honored and so also is its possessor. Money is the highest good and so its possessor is good. Money relieves me of the trouble of being dishonest, so I am presumed to be honest. I may have no intellect, but money is the true mind of all things and so how should its possessor have no intellect? Morever he can buy himself intellectuals, and is not the man who has power over intellectuals not more of [an] intellectual than they?

    –Marx, 1844 Manuscripts