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by grafmax
306 days ago
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Global North corporations actively lobbied for China’s membership in the WTO because expanding the labor pool would lead to higher profits at the expense of the working class, and they were right. This has created a cascading effect: rising wealth inequality has fomented distrust in institutions; this in turn has manifested as right wing populism. It’s right wing populism that is dismantling western democracies, not China. |
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