• ☆ Yσɠƚԋσʂ ☆
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    1512 hours ago

    I’m so confused here. I was under the impression that the entire argument for capitalist markets was that they produce cheaper and better goods than is possible to do with central state planning. Yet, here we have the capitalist west complaining that Chinese state driven model if producing goods that western companies are simply not able to compete with. Somebody help me understand.

    • @Starbuncle@lemmy.ca
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      26 hours ago

      And I’m sure those Chinese workers definitely have the same compensation and rights as American or European workers.

    • @orcrist@lemm.ee
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      39 hours ago

      Capitalists hate capitalism. Competition is so irritating, because someone might undercut you. (And other people would cheat to win, just like you would, so you can’t ever relax.)

    • heluecht
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      19 hours ago

      @yogthos @geneva_convenience These tariff rates are calculated on a per manufacturer basis based on the subsidiaries that these manufacturers receive from their country. So it just restores the competition.

      • ☆ Yσɠƚԋσʂ ☆
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        33 hours ago

        Chinese brands aren’t receiving 45% subsidies last I checked. However, this would be a dumb way to try and restore competition since it just punishes consumers in Europe.