97
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 20 Sep 2023
97 points (96.2% liked)
World News
2220 readers
126 users here now
founded 4 years ago
MODERATORS
There are actually direct negative impacts on the working class due to imperialism because it's moving jobs out of US and driving wages down. Increased profits that companies get through cheap labour in other countries isn't passed on to consumers either. Sneakers that cost 50 bucks when they were made in US by workers who were getting paid 10 bucks an hour still cost 50 bucks when they're made by workers in Indonesia making a few cents an hour. The real winners are the shareholders.
Losing control over the colonies will put a lot more power into the hands of the workers in US. The whole scheme with globalization is that you move production out of the country and then people in that country have no say over the working conditions and pay where things are produced. However, when production happens domestically then workers can strike, protest, and so on.
Yes, though a hot war with China probably means the US being completely cut off from Chinese imports. We saw what the COVID supply shocks were like, imagine that but much much worse.