this post was submitted on 16 Jun 2024
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[–] dual_sport_dork@lemmy.world 94 points 6 months ago (32 children)

undermining regional carmakers

I think the word they're looking for is in fact "outcompeting."

Yutaro-Katori-with-butterfly-meme: Is this capitalism?

[–] Neato@ttrpg.network 73 points 6 months ago (31 children)

Outcompeting by having a nation subsidize the cost. Until local manufacturers go out of business because they can't compete. Then China owns the entire industry she jacks to the price.

It's like no one has been paying attention.

[–] maynarkh@feddit.nl 76 points 6 months ago (3 children)

It's weird that this has to be explained to Americans - this is how much of Big Tech got to where they are, except they call it "disruption".

BTW this shows perfectly that free markets are not a be-all-end-all thing. It's a tool, and if it produces outcomes that you don't like, you can adjust it for better outcomes. The hypocrisy here is not that they pretend to worship the market then cry foul when China enters it on their terms, but that they do adjust it for their benefit all the time, and only pretend to worship it when people ask for their fair share.

[–] nxdefiant@startrek.website 4 points 6 months ago

Larger population means larger representation. If you say the Netherlands only has about 100,000 idiots, that's roughly half a percent of their population.

Half of a percent of the US population is over 1.5 million. And I promise you, we have a waaaaaaay higher percentage of idiots than that.

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