Behavioral economics posing as labor economics. Behavioral economics is completely fake and has no value. It’s effectively social psychology for libertarians.

The past few decades have seen the largest corporate consolidation in almost every industry.

These are all franchisees. These people have no real power other than controlling labor costs.

He was a physics phd with a focus in gravitational waves, never a professor. His phd thesis has 0 citations.

We don’t see the social mobility required for a merit-based society. Harvard’s Equality of Opportunity Project highlighted the increasing importance of the “birth lottery” in this country.

Drug trade: Afghanistan is the world’s largest producer of opium, which can be refined to make heroin.

The illicit drug trade isn’t just heroin, it’s moving opioids into India so they can be resold to the pharmaceutical industry for our legal-opioid epidemic.

China doesn’t need to produce the fast chips because their comparative advantage is in quantity manufacturing.

You have to take power dynamics in consideration when talking about comparative advantages. For example, when comparing the US to the textile industry in East Asia, the power dynamics perpetuate unequal labor conditions because more the affluent economic can leverage their buying power to dictate terms that are favorable to them but detrimental to workers.

Both minerals and the people immigrating are both economically advantageous to larger more powerful countries. The connotation difference is rooted in racism.

They crashed in the East China Sea. They really go out of their way to not say what body of water they crashed in.

Chip manufactures should think twice about headquartering in the US. Why get caught up in a sanction war when you could just not.

Say you were a full time caretaker for a family member. You’ll look responsible and kind.

Giving up the ability to set monetary policy and becoming economically dependent on the US is an insane move.

No, the IMEI number on the phone are explicitly blacklisted for not being FCC approved.

The Secure Equipment Act of 2021 effectively prevents Americans from being able to use many (but not all) modern Chinese phones. While you may see them for sale on Amazon etc, you cannot activate them on any carrier.

I mean that’s what you must to do when you take over a hospital, as said by the International Humanitarian Law. Great for not doing more war crimes I guess?

Material conditions, which is the totality of all politics exerted on me.

So they can sue you if you resell, but they don’t have to buy it back if they don’t want to. A prime example of anti-competitive behavior in effort to control competition in the secondary market and to manipulate market prices. They aren’t even afraid of anti-trust lawsuits. I’m also guessing they anticipate this product is going to be a failure if they’re willing to take such a risky position.

In 2013, the United States’ Bureau of Economic Analysis changed the methodology for how GDP was calculated. R&D and intellectual property were reclassified as investments rather than costs, which increased the reported size of US GDP. Countries that had more high-tech and creative industries would see a boost in GDP while countries known for manufacturing would not see such a large increase. This lead to a perception that the U.S. economy is growing faster or is larger compared to countries like China.

Mein Kampf advocated for territorial expansion based on “Lebensraum” (living space) for the German people. This involved a deeply racial component, as it involved the displacement or extermination of non-Aryan populations.