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Comment by angelzen

Post-stalinist Soviet Union, while not manically murderous, eventually imploded under the weight of a myriad suboptimal policy choices. Alas, it took 40 years to do so. There is a lot of inertia, I don't think anyone is arguing that UC (or Google) will collapse next year, but that the weight of poor policy choices compounds over time.

Re "mass de-industrialization", there is a historical reference, specifically the complete bankruptcy of ex Soviet block industry in the '90s, being sold for pennies to Western investors to bulldoze it and build something else in its place. I don't have a crystal ball, but I do wonder how US/China rivalry will play out in the 2040s and beyond.

parent angelzen 5 years ago

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