this post was submitted on 16 Jun 2024
218 points (94.7% liked)

World News

39096 readers
2282 users here now

A community for discussing events around the World

Rules:

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.

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 [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 94 points 5 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?

[–] [email protected] 73 points 5 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.

[–] [email protected] 76 points 5 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.

[–] [email protected] 4 points 5 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.

load more comments (2 replies)
load more comments (29 replies)
load more comments (29 replies)