So essentially, the American idea is, America is a mixed economy, where our government has always subsidized capital formation and agricultural industry, and it insists that other countries are socialist or communist if they do what the United States is doing and use their government to support the economy. So it’s a double standard. Obviously, nobody calls America a socialist or communist country for supporting its farmers, but other countries are called socialist or communist and they are overthrown violently if they attempt land reform or attempt to feed themselves.
Michael Hudson explaining ☆☆☆☆☆ American Exceptionalism ☆☆☆☆☆
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