Capitalism is all about competition unless it's not.
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Capitalism isn't about anything other than keeping the ruling class rich and in power. How it chooses to do that has varied throughout time. During the 20th Century the lie was that "American Style" capitalism was fair because the capitalists would promote Laissez-faire style economics ("Free Trade") out of their mouths, while actually building monopolies.
With the rise of Trump-style 'conservatives' Republicans have adopted a new strategy, Mercantilism. Mercantilism doesn't even pretend to be fair or free. The word 'Competition' doesn't even appear anywhere in that article because competition is bad for Capitalists and they see no reason to continue to lie about that. They actively oppose free trade.
Even if 'Capitalists' possessed the ability to feel shame for being hypocrites (which they certainly do not), calling them out for not following along with the principles of 'the free market' does no good since they have abandoned advocating for that a while ago.
Would be great if the competition was not about stealing others' technologies
on your link. But yeah it would be great if competition were about improvements.
Sorry, fixed
Bill Gates has entered the chat.
Bill Gates doesn’t sell cars
I'd argue that a critical piece of competition for all nations has always been stealing knowledge and technology.
What technologies Germany, Poland, Singapore or Norway stole since the fall of USSR if that’s the case? I can name many technologies that China stole, that the US stole, but definitely don’t see it as a critical piece for all nations. Most countries don’t even have hackers nor network of spies capable of stealing other countries’ valuable trade secrets
Yep, the vast majority of the teams mentioned are used exclusively for private companies and public institutions to report cyberattacks, taking down phishing sites and issuing guidance on things like the minimum password length. Or protecting military against cyber threats - would suck if you had, let’s say, drones, that during the wartime turn out to be compromised by the enemy army and sabotage your operations. That’s perfectly understandable and different than stealing trade secrets via cyberattacks. Therefore I’ve asked for actual reports of actual hacks conducted by any of the countries I’ve mentioned
Good, let's do it. I'm tired of our tax money keeping shitty car companies floating.
And no competition. I'm pretty sure that they can shave some of the price off from that massive jump that came with COVID due to [checks list] "supply chain issues" and yet never went back down after...
Tariffs be damned, I will not buy an American brand car. They've been mediocre my whole life and it's always been easier to source parts for Hondas and Toyotas. I'm not sure how repairable any EV is, but I doubt American brands will top the charts of value in repairability in my lifetime
I'm not sure how repairable EVs are either, since my 2013 Leaf never needed repairs in 12 years. Just tires and wiper blades.
Yeah that's a good point in a sense. Mechanically I think they're a lot less repairable (or at least a lot less at home repairable), but from the angle of needing repairs, they also need less repairs because most of what tends to fail on ICE vehicles is all the mechanical stuff attached to the engine. Even on my hybrid I repair a ton less and my mechanic said that because all the accessories are electronic since they can't be belt/chain driven because the engine is off half the time that they're ultimately more reliable in the end - it's the mechanical aspects of them that fail on ICE vehicles.
Got a subaru as my first non-american car. The old CVT torque converter is wearing out after 120k miles, but she survived being lightly t-boned with just a door repair
Manual swap time
After 25 years of other brands I finally went Honda and I can't believe how happy I am with it. I never have problems.
Over the years I think Honda and Toyota are the two brands I most commonly see an old guy managing to keep running well for 30+ years and hyper focused on wanting to break 500k miles or dreaming of hitting 1 million miles someday
But it would also help american people. Which is more important, I wonder.
Stop giving them more reasons not to allow it
Oh no! The type of capitalism where we have to compete!
Make it go away, Daddy Trump!
Sadly, I think it was Biden that put a 100% tariff on Chinese EVs. Fuck Trump, but come on, Biden, don't do this shit for them. I really like that new Xiaomi YU7.
The issue is not so simple. Blocking BYD has a lot to do with protecting American manufacturing jobs. That's not to say Biden's tariff was the right answer. But it is a more complicated problem to solve than it appears from the perspective of a single car buyer.
Sucks to suck, our car companies suck and they absolutely should loose and be forced to fire people if they can't compete. Give me my cheap and decent Chinese cars please. I live in a capitalist country so lets act like it instead of being fucking pussys
It the country wasn't so hostile, also pretty racist when talking about Chinese (99% of the time people say Chinese not CCP as an insult to anything about creativity, invention, culture, whatever), to Chinese consumer big ticket goods, I'd imagine BYD and other would build manufacturing plants in the US. If things weren't so hostile, the Chinese battery companies like CATL may be willing to build batteries in the US without major concern of a hostile nation stealing their battery tech
It isn't even a truly political idealism conflict that causes the split. Americans were fine with South Korean and Taiwanese products when those countries were military dictatorships. Vietnam has the company VinFast selling cars in the US and it's political structure is a lot closer to China than the US. Americans have never shown appetite for reigning in how American companies treat labor in Latin America, Asia, and Africa. Really not even domestically like in makeshift housing that American farmers pack migrant workers into or meatpacking plants. So it's really just rich/powerful people not liking to see non-European descendants take the leading role in global trade of high margin goods and services that are often cutting edge technology
If China was still primarily a labor country, damn near no one would care about Chinese domestic issues like famines. In my mind the inevitability will be another wave of xenophobia that will eventually target India and the Indian diaspora as their military and domestic military and technology companies develop
Tbf notoriously China subsidizes BYD to net loss so its not exactly capitalism.
Did you forget all the bailouts US car manufacturers received?
To clarify, the bailouts of US car companies were Chrysler around 1980 and GM and Chrysler around 2008. To help them avoid bankruptcy and the resulting loss of jobs, they received loan guarantees (like having a cosigner) and direct loans, all of which they paid back. I think the public generally has a misconception that a corporate "bailout" means they just giving them money, but it doesn't.
Note - I'm not trying to convince you not to hate corporations, and there's no need for a lecture on how evil they are, I know they are. Just clarifying that one topic.
Sadly, ever since “too big to fail”, any large corporation is now nearly indistinguishable from the federal government. Just another example of socialism for the rich, capitalism for the rest of us.
What do you think Walmart does when they enter a new market, the eat losses till the local competition folds and they are the only option left
Well don’t forget that Walmart itself is literally government subsidized when the people employed there still need food stamps or other welfare programs.
All car manufacturers world wide are subsidized.
https://subsidytracker.goodjobsfirst.org/parent-totals
Of course China can make cheaper cars, because most car manufacturers get their parts produced in China anyway.
The US subsidizes farms and petroleum.
Good. Fuckem. They make shitty, oversized trucks that are a danger to pedestrians and people who drive reasonably sized cars anyway.
My boss in the UK got one. In bright red. It looks like he's driving a fucking fire engine.
The Chinese too know how to make unnecessary large cars, unfortunately.
I mean, didn’t Japanese and Korean automakers already do that?
Yes. They did. That's called competition. It forces companies to improve by destroying them, except they don't want that. And politicians don't want that, cause it makes corruption unstable.
Killed Detroit too, though. But, eh, helped other parts. It's life.
Thus already in the 90s with the TRON OS a different approach was chosen by US regulators - threaten Japan with sanctions if it's allowed to compete with Windows inside Japan .
They can't threaten China, but they can prevent Chinese competitive goods from entering US market and improving its economy again.
Bad economy - poor and stressed people, poor and stressed people - worse political decisions, worse political decisions - good for middlemen which in our age shouldn't exist frankly. We have the technologies for direct democracy, it's not 1920s.