Comment on Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them

• jackoneill@lemmy.world ⁨11⁩ ⁨months⁩ ago

  Oh no, capitalism hurts itself in its confusion

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  • Wogi@lemmy.world ⁨11⁩ ⁨months⁩ ago

    “Capitalism breeds innovation and drivers prices down!”

    Capitalism: no not like that

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    • bioemerl@kbin.social ⁨11⁩ ⁨months⁩ ago

      Unsustainable Chinese state subsidy is not capitalism.

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      • elouboub@kbin.social ⁨11⁩ ⁨months⁩ ago

        US government shoving millions up the asses of the their industries: capitalism

        China shoving millions into their industries: communism

        Yours faithfully, the brainwashed USAian

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      • IHeartBadCode@kbin.social ⁨11⁩ ⁨months⁩ ago

        Unsustainable state subsidies are not capitalism. Remember it’s not just the Chinese that do this kind of stuff.

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      • chaogomu@kbin.social ⁨11⁩ ⁨months⁩ ago

        Every country does some level of industry subsidy. So it's kind of baked into capitalism now. And, technically, has been since the beginning.

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      • Vilian@lemmy.ca ⁨11⁩ ⁨months⁩ ago

        yes, it is, USA also do that, and others countries with fossil fuel

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  • Pringles@lemm.ee ⁨11⁩ ⁨months⁩ ago

    It’s not that simple. Caricatures are easy, but the fact remains that the Chinese auto makers are heavily subsidized and it’s that government support that allows them (partially at least) to undercut the European auto makers.

    That being said, the European auto makers really deserve to be hurt for their arrogance. And that’s coming from someone whose income is directly related to how well they do.

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  • yiliu@informis.land ⁨11⁩ ⁨months⁩ ago

    If the EU bans Chinese cars, that’s not capitalism in action.

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