4 ms·

you just explained why capitalism is problematic: always short term

• panick21_ 3y ago
  Has nothing to do with 'capitalism'. It has to do with what government invest money into and how they drive infrastructure. There is a huge opportunity in EV because governments uniformly push for it and the car and car infrastructure have been the majority of infrastructure investment over the last 70+ years. And investment is not always short term either but if there is a huge push of money and an exploding industry and you think you can recognize that before others, then its a good opportunity, and its not short term but more mid-term. If you invested in Tesla around 2016 its not short term where you win a lot of money. The same goes for investment in the battery supply chain. At the same time the idea that these intensives are not universal, is simple wrong. Human always like short term success. So to blame short term thinking on capitalism is ridiculous. The Soviet Union often preferred short term political wins over long term success as well.