Steve Randy Waldman on Nostr: the system under which firms like Boeing were built is very different from the system ...

the system under which firms like Boeing were built is very different from the system under which firms like Boeing have been dismantled, even though both systems get called “capitalism”.

i don’t agree with this piece’s predictions and prescriptions, but its account of the profound change in systems under notional capitalism is excellent. https://americanaffairsjournal.org/2024/11/america-china-and-the-death-of-the-international-monetary-non-system/ ht #TimSahay