Paul Craig Roberts #1059
Coffee and a Mike
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Post-Soviet Market Shifts
This chapter analyzes the socio-economic ramifications following the collapse of the Soviet Union, particularly how it ignited market reforms in socialist countries like China and India. It critiques the changing landscape of corporate compensation and the impact of tariffs on manufacturing, highlighting the outsourcing of jobs and the consequences for local economies. The discussion raises concerns over financialization, de-industrialization, and the efficacy of current economic strategies in addressing these challenges.
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