LacyGreenfelder
Erik Uden 🚩Western capitalism good, Chinese capitalism bad
MacCruiskeen@ErikUden I’m old enough to remember when we thought Japan was going to buy everything.
Wild Eyed Boy From Freecloud@maccruiskeen @ErikUden Reminds that it's probably about time to watch Mr. Mom again.
Escarpment@ErikUden Western capitalism neutral. Chinese capitalism neutral. Nothing objectively good or bad.
kikebenlloch@ErikUden "B-but this is *our* game! How can anyone dare to beat us at it? *SOB*"
Jeroen@ErikUden problem is that China doesn't play the game fair. It's not capitalism in their case. they might call it so, but it isn't.
Simply put: if the goal is to make money, they would invest more in local markets and not overproduce when there are no local users. (eg constructing a road to nowhere)
Their goal is state power. So they play the game with cheat codes: the vast pockets of the Government who can also control the labour force. (eg it's forbidden to strike in China)
Simply put: if the goal is to make money, they would invest more in local markets and not overproduce when there are no local users. (eg constructing a road to nowhere)
Their goal is state power. So they play the game with cheat codes: the vast pockets of the Government who can also control the labour force. (eg it's forbidden to strike in China)