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

• bioemerl@kbin.social ⁨1⁩ ⁨year⁩ ago

  Unsustainable Chinese state subsidy is not capitalism.

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  • elouboub@kbin.social ⁨1⁩ ⁨year⁩ 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 ⁨1⁩ ⁨year⁩ ago

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

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    • barsoap@lemm.ee ⁨1⁩ ⁨year⁩ ago

      Of course they are, subsidies are one of capital’s favourite methods to siphon money out of the populace. Or were you under the impression that greedy people like playing fair on fair markets?

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      • Wogi@lemmy.world ⁨1⁩ ⁨year⁩ ago

        It’s literally socialism but for the rich.

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  • chaogomu@kbin.social ⁨1⁩ ⁨year⁩ 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 ⁨1⁩ ⁨year⁩ ago

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

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    • bioemerl@kbin.social ⁨1⁩ ⁨year⁩ ago

      Yes, and the EU largely responds in the sectors of US subsidy. Food imports are restricted. Airbus and Boeing are constant sources of trade spats, etc.

      Chinese subsidy makes American subsidy look like childs play. Their response to China should match that discrepancy.

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    • Peaty@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      They are talking about car subsidies which China does and not all countries do in all markets.

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