2 ms·
I think that's a reasonable perspective. Previously I had pointed that the US banning all the social media apps from China because China bans all the American s
by malshe 4y ago
I think that's a reasonable perspective. Previously I had pointed that the US banning all the social media apps from China because China bans all the American social media apps is the recommended strategy in game theory, specifically in iterated prisoner's dilemma. This is called "Tit for Tat" strategy https://en.wikipedia.org/wiki/Tit_for_tat https://en.wikipedia.org/wiki/Tit_for_tat
- chrischen 4y agoBut China believes in a controlled economy whereas the West believes in a free market. If you apply tit for tat we are basically saying that a free market economy cannot win in a game with controlled economies, and therefore a free market is impractical and idealist in the same sense that communism is…
- ipaddr 4y agoThe US has a mixed system. Tariffs exist raising the price of everything in the US. Farming, tech get boatloads of money. Illusion of a free market.