ThanksObama5223 [he/him]

Super interesting. As a finance person, this speaks to me. So much of the finance pedagogy in american universities is predicated on outdated metrics or oversimplified assumptions about economics. studying finance in university is a radicalizing experience, provided you have a modicum of class consciousness or even a rudimentary understanding of history/anthropology. I vividly remember the kayfabe breaking for me in a 100-level course when the myth of barter was being peddled as mere fact. The extent to which the “business schools” are separated from the humanities is intentional and serves to further ossify conventional “business” wisdom.

I met so many well-meaning “smart” people that I’m sure have gone on to successful careers in high finance making lots of money believing all this BS to be settled fact.

That’s fair, it will likely look like small incremental change rather than one big event or policy shift

Oh, I agree. To be it seems like a crazy good deal for China, but its also concerning that the US feels tiktok is an important enough tool to filter propaganda that it would make that deal.

some of the new chess pieces of the new Cold War are so absurd and incomprehensible to me, this is a good example of that

This is interesting. I was coming at it more from a perspective of “what material conditions need to emerge that would allow China’s economy to decouple from the US”, but your contention is that by agreeing to play by the Master’s rules, the well has been poisoned. Even if the material conditions were to emerge, China would lack the desire or even capability to pursue decoupling because their institutions have operated on neoliberal principles for so long and vital industries are inexorably linked to the neoliberal order. I’m inclined to agree with you on this.

For me it begs the question, what - if anything - can China do to rectify the situation? I’m from the US and lack the knowledge/hubris to prescribe solutions so curious if you know of anyone writing about this

Thank you for your update. Do you have any thoughts/former posts on what it would take for China to begin decoupling? I recognize it’s not an on/off switch, but I’m curious what you think would need to happen globally. My understanding is that so long as the US remains the gaping maw at the end of the global supply chain, it will always be in China’s interest to sell to them. Even if domestic consumption in China increased or African consumer economies developed, I still struggle to see a world where the US is replaced as the foremost buyer of Chinese goods

At the risk of doxxing myself - the accusations against father McGrath are at least accurate. I have no idea whether this guy actually refused to remove McGrath from his position so take that what you will