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Government almost always seems to overpay for everything. It's a racket to benefit big finance. The idea that everything is so complex that only a small number
by jongjong 1y ago
Government almost always seems to overpay for everything. It's a racket to benefit big finance.
The idea that everything is so complex that only a small number of suppliers are capable of building any machine is preposterous.
I bet you with a budget of $50 million, I could design and build a Firetruck from scratch as well as the entire production line and I could produce each subsequent truck for $200k max, made in America. I could probably have the whole thing almost fully automated with robots in 5 years with a bit of additional funding.
And I know nothing about mechanical or electrical engineering. I just know I could do it. I would find the right people. There doesn't need to be that many components to bloat up the cost/complexity to $2 million, that's ridiculous. I'm no Elon Musk. I just think many people with a little bit of brain could do it if given the opportunity.
The problem is lack of opportunity. I will not be given this opportunity because it works against established financial interests. The economy is a zero-sum game, that's a fact. Everybody knows this because nobody would even give me the opportunity to prove it even though $50 million would be chump change for big finance.
Why would anyone fund a venture which involves work and risk, when they can already extract the same nominal profits without any additional risk or work? Nobody is thinking about 'real value'; everyone is chasing nominal gains in a race to the bottom; whipping up the entire economy into a giant souffle full of air.
Caring about nominal gains is like caring only about volume and ignoring the weight... If the economy was a cooking competition, everyone would end up baking souffle, chocolate mousse and meringue. Nobody would be baking pound cake.
- constantcrying 1y ago>The idea that everything is so complex that only a small number of suppliers are capable of building any machine is preposterous. Did you read the article? It even says that the market is full of smaller companies. Around 50% are at <10% market share.
- jongjong 1y agoIn a nation of 350 million people that's not particularly impressive. The price of the product says it all. It's clearly not competitive.
- constantcrying 1y agoTrucks are expensive, firefighting equipment is expensive. It is a small industry with high demand for customization and low numbers, of course prices are going to be high. >It's clearly not competitive. It clearly is competitive though. Else you would have one or two large players and nothing else.