4 ms·
Not only will it take years to get operational, there is no way it would ever reach the scale and reach of Chinese manufacturing, not in six years, not in sixty
by Cthulhu_ 2y ago
Not only will it take years to get operational, there is no way it would ever reach the scale and reach of Chinese manufacturing, not in six years, not in sixty. Even if they throw trillions of investor money at it.
China and others are clearly demonstrating the power of capitalism with state support. The US is too busy infighting and keeping capitalism and politics separate (small government, let the market decide etc). You wouldn't find enough employees that want to work in manufacturing; you'd need millions to even try and get close to what China is doing.
Now I'm not actually OK with what China is doing, the paragraphs about worker conditions were quite telling. But I will recognize that it gives them the upper hand in manufacturing that the US hasn't had since the 50's.
(meta: I'm gonna have to specify "the 1950's soon" don't I?)
- slfnflctd 2y agoThe apostrophe when specifying decades is incorrect, it's a common grammatical error. Should be "50s" and "1950s". Sorry, I usually don't do this but I otherwise liked your comment and thought you might want to know.
- greenie_beans 2y agohacker news is so much fun.
- _1tem 2y ago> demonstrating the power of capitalism with state support This is actually an excellent reason for tariffs. If we can't beat them at their game because it goes against our principles, then just don't buy their stuff.