‘China’s Competitive Edge’, The U.S. Has Been Eclipsed in Every Sphere But War

“Under late stage capitalism, high technology is a tool of accelerated economic consolidation — monopolization — and marginalization of workers. Armed with hi-tech tools, Jeff Bezos now wages a war of annihilation against retail commerce, one of the last remaining mass employment sectors in the U.S., while other digital oligarchs publicly proclaim their intention to deploy “the internet of things” – based on 5G technology — to wipe out much of the rest of existing employment.”

SM's avatarRIELPOLITIK

Source – blackagendareport.com

“…US rulers promised that technology would bring the return of the millions of jobs that were outsourced to low-wage countries, but America has lost the hi-tech race and excels only in weapons of war…the U.S. is no longer the “greatest” at anything but mass incarceration, the amassing of weapons of destruction, and the maintenance of a worldwide system of surveillance that hears and watches everyone with a telephone or computer”

The U.S. Has Been Eclipsed in Every Sphere but War. China’s Competitive Edge – By Glen Ford

US rulers promised that technology would bring the return of the millions of jobs that were outsourced to low-wage countries, but America has lost the hi-tech race and excels only in weapons of war.

“The early U.S. global hi-tech lead was squandered in the chaotic and criminally wasteful corporate capitalist game of all-or-nothing.”

If you can’t pronounce Huawei (Wah-Way)…

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