Ask Lemmygrad

Wage struggle & rent stabilization just result in workers advocating for increased theft of labor hours from the global south/periphery/third world/low-income countries (call it whatever you want someone will get mad) in order to access the asset market via housing & retirements. This deal is closing out but people are more shortsighted than ever. Initially there was a miscalculation where capital flows between imperialist states were mistaken for outflows to periphery, but this was due to crude statistics + he don't have internet (no one did). Capital flows stop after the port, mine, & one shit railway, potentially sweatshop until the period where the financialization by industrialists in the west leads to Mexicanification so some light and increasingly heavier non-strategic industries in semi-peripheral states. Historically tho, India, China, & West Asia are where Shit Happened and everyone lived. Their development needn't be underpinned by theft of labor hours from... themselves. China's leg up has been mutualistic trade policies, infrastructure, protecting skilled labor capacity from sudden layoffs, strong education, balancing competition, channeling foreign investment into state-managed industries, list goes on. To understand why communism failed in the USSR I recommend Russia and the Long Transition from Capitalism to Socialism