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Then what are Chinese companies that are owned by the Chinese state? The whole paradigm of tax break sucking welfare queen loses all meaning when you're talkin
by Teever 3y ago
Then what are Chinese companies that are owned by the Chinese state?
The whole paradigm of tax break sucking welfare queen loses all meaning when you're talking about the kind of corporate/government incest they you're looking at with Chinese companies.
- paxys 3y agoThe difference is that in China the state owns these companies, whether in part or entirely. In the USA these companies get public funding but the public gets nothing in return.
- Teever 3y agoYou're implying that the Chinese people get a better deal out of their social contract with the Chinese state than the American people get with theirs? That's gonna be a 'press x to doubt' from me dawg.
- paxys 3y agoI'm implying that Chinese people get a better deal out of state investment into auto companies that American get from theirs.
- Teever 3y agoI don't think that's a reasonable claim. I think that the American people have benefited tremendously from the flawed investment that the government has made in the auto industry over it's entire existence more than the Chinese people have benefited from the Chinese investment in their auto industry. The American auto industry plays a huge role in the power that America wields around the world today, and is the corner stone of the American economy as it exists now.