normal_user@lemmygrad.mltoWorld News@lemmygrad.ml•Despite Chinese wages growing exponentially, China's share of global manufacturing also grew in the same period.
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7 months agoNeoliberalism was the natural evolution of the previous system so that it could keep satisfying the need of the ruling class.
Industrial capitalism was at it’s end and we now that because the way a society is organized is decided by the social and economic condition of that society.
Labour was getting weaker and growth was stopping, so the system naturally changed to allow the bourgeoise to keep enriching itself as much as possible. I believe it’s not good for Marxists to talk positively about past capitalist systems that lead us to our current situation, the road that history took was not random.
I’m in the EU but same