BYD Reveals the ‘World’s Longest-Range EV’ as American Auto Industry Struggles to Keep Pace

https://lemmy.world/post/43831983

BYD Reveals the ‘World’s Longest-Range EV’ as American Auto Industry Struggles to Keep Pace - Lemmy.World

Lemmy

It’s amusing to me that the same folks to deride Chinese car manufacturers because they are somehow cheating by getting support from the government are the same people demanding that the US government artificially protect the US car industry by blocking Chinese imports. The point being that neither side actually objects to government participation in the market. But, one side uses it to make better products and service consumers, and the other does it to protect worse products from market forces.
“A free market is self regulating” until someone makes a better product for less money, I guess.
The point both of you deliberately overlook is that China is not participating in a free market anyway. They never played by those rules so there‘s no point in treating them the same way as anyone who does. There is a lot of hypocrisy to be found in politics and economics around the world and China itself is a prime example of that. But a measure to defend yourself from an obvious case of economic warfare is the most understandable thing in history. Your criticism is misplaced and irrational. I mean do you seriously think a monopoly is desirable?
There no such thing as a free market. It’s a constant pull between monopolistic forces and government restriction.
And there never will be. Not so long as it is possible to hide information from the consumer, and any sort of barrier to entry exists for market competition to spring up.
My point was it’s literally impossible.

Yup.

There are very niche situations where a free market actually works - situations where there is no hidden information and no barrier to entry, where monopolies can’t arise due to the nature of the specific market. By the nature of these restrictions, nothing of any importance will ever be supplied by these markets.