World News
A community for discussing events around the World
Rules:
-
Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
-
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
-
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed.
-
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
-
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF OCTOBER 19 2025
-
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
-
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
-
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
Lemmy World Partners
News !news@lemmy.world
Politics !politics@lemmy.world
World Politics !globalpolitics@lemmy.world
Recommendations
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
view the rest of the comments
How are historically oppressed countries supposed to afford that?
Yeah, the IMF, defender of historically oppressed countries. Lmao.
How does this make what he said wrong?
Not directly, it's just a prod to think about the subject a bit more. The IMF wouldn't push for this if it was of benefit to anyone but the USA and maybe Europe.
The real answer is that, if by "historically oppressed" they mean "poor", labour costs and purchasing power there are both lower and so it will be within their means to subsidise the manufacturing that they themselves are able to consume, probably even at a lower price than China. If they're historically oppressed but actually have money now then obviously they can just use that.
To be clear I'm mainly referring to African countries, though there are others too. Any country that isn't presently industrialised will be prevented from developing their own industrial capacity by their Chinese competition (assuming the prices are correctly fixed). In general I think it's bad because the lack of internationally dispersed manufacturing ownership contributes to unequal power relations between nations (i.e. imperialism and neocolonialism). A highly protected world-factory in China seems to present a viable model for world hegemony that could replace the financialist model of the United States. Both are bad.
I think they will also have to subsidise or otherwise incentivise manufacturing in their own countries to develop it but like I said their labour costs are lower than in China so they have some competitive advantage there already. I agree it's bad that the capacity is not more distributed but I don't believe that China's internal subsidies will prevent any country from doing this, only post industrial countries which already have the money to buy large amounts of Chinese exports.
I think you underestimate just how effective economy of scale is. Labour is also a relatively small portion of manufacturing costs.
I do understand that, but that's just life. If countries don't take a long term view and build up their own capacity, but instead just buy the cheapest stuff right now, that won't be ideal for them. But the solution isn't to try to dictate other countries' domestic economic policy, that can't possibly work. Even if China changes its policy on this matter those countries would still have to spend the exact same amount of money to build their own manufacturing base. Tariff imports a little bit if you have to, but most importantly put that money into actually building domestic capacity for the most important things. This is just the USA trying to put off doing that because the neoliberals are addicted to sucking everyone else dry through finance capitalism and manufacturing isn't as profitable as tech-IP rent seeking.
The IMF is perhaps the worst of these organizations, along with the WTO, all countries should disown them and withdraw from their organizations. The imf has screwed a lot of countries, forced cutting pensions and agriculture subsidies because their lawmakers borrowed money and the country couldn't pay it back. Like Haiti, ending subsidies on imf insistance and then couldn't feed themselves, had to end subsidies for cooking fuel and the trees were all cut for cooking fuel and the like. It cost them way more, all so investors didn't lose their money. The people of those countries shouldn't have to lose their benefits because crooked lawmakers borrowed money they couldn't repay.
The IMF says whatever random shit benefits their consituents. Sometimes that's also morally right, but usually not. If you're gonna take a braindead position against them for signalling reasons then fair enough, but the fact that you can't even come up with a basic reason why they're wrong should clue you in.
This is a pretty standard orphan-crushing manuever and I think both sides are kinda cringe. It is what it is.
I replied with several specific arguments elsewhere in this thread, including a further on this comment chain.