Which also explains why Nixon went to China and why the Republicans introduced legislation to outsource so much production to China. At least until China became a geopolitical rival.
State capitalism and capitalism are far more compatible than even social democratic capitalism and capitalism. Outsourcing production to weaken the position of domestic labor to prevent actual socialism was far more important than fighting state capitalists that call themselves socialists.
Which also explains why Nixon went to China and why the Republicans introduced legislation to outsource so much production to China. At least until China became a geopolitical rival.
State capitalism and capitalism are far more compatible than even social democratic capitalism and capitalism. Outsourcing production to weaken the position of domestic labor to prevent actual socialism was far more important than fighting state capitalists that call themselves socialists.