5 ms·
There absolutely are monopolies. There are, in fact, many state run enterprises. Where do you get these ideas?
by hcurtiss 5mo ago
There absolutely are monopolies. There are, in fact, many state run enterprises. Where do you get these ideas?
- wmf 5mo agoMy understanding is that the Chinese government prefers to have multiple successful companies in each field and they don't like it when one company becomes too powerful.
- tick_tock_tick 5mo agoThey pivoted away from that quite a while ago now they just disappear people for a week or two and randomly completely crush a business here and there to make sure they understand their place.
- coldtea 5mo ago[flagged]
- inglor_cz 5mo agoIf you have no practical experience living in a totalitarian country, don't wish that upon yourself and your family. That momentary feeling of triumphing over your enemies won't compensate for what you'd lose. This is a mistake that was made by numerous intellectuals in history.
- transcriptase 5mo agoEveryone thinks they’re getting the cushy office job working for the party, until they’re handed a shovel by someone with a gun.
- inglor_cz 5mo agoIn the worst case, knowing that they are about to dig their own graves.
- hagbard_c 5mo ago1920's: Hard times create strong men. 1950's: Strong men create good times. 1980's: Good times create weak men. 2010's: Weak men create hard times. There you are, wishing for hard times. May I suggest finding yourself the socialist paradise where they do as you wish and move there? You should be happier and we will be as well as long as your wishes don't come true.
- coldtea 5mo ago>May I suggest finding yourself the socialist paradise where they do as you wish and move there? If you promise not to sanction and bomb it and fund and arm far-right wing dictator thugs there, I'm game! But you got it backwards: it's your "strongmen" and your "elite human capital" that has created hard times, destroyed strong working and middle class men's livelihood, pivoted the economy to financial betting games, outsourcing, and rent-seeking, and enshittified everything.
- hcurtiss 5mo agoSo also does the US. Trump had prominent cases against Google and Meta. Biden against Apple and Amazon. Prominent efforts on airlines and grocery stores. Honestly, I'm pretty sure the US and Chinese antitrust laws are pretty similar (theirs largely crafted after ours).
- ma2kx 5mo agoBut those are mostly companies who provide a public service, or am I wrong?
- coldtea 5mo agoState run is better than a private for profit monopoly or few-o-poly which is what we get. People all over the world have often revolted to get some enterprises state run (nationalizing) and were often punished or even bombed for it.
- nickpp 5mo agoState run (or heavily regulated) services around here in Eastern Europe: health care, education and housing. All incredibly bad and expensive, I pay huge chunks of my monthly salary for them and I try to avoid them at all costs. They get worse and more expensive with time too. All the other services and products I use in my life, from the car I drive to the clothes on my back, the food I eat and the device I write this on are provided by private enterprise and they have become much better and cheaper in my life time.
- yuriks 5mo agoHealth care, education and housing have been getting worse and more expensive in the US over the decade also. Must be all that nationalization.
- inglor_cz 5mo agoI can buy "more expensive", but as far as "worse", can you provide the relevant metrics? I don't think that your chance of survival of a heart attack or lymphoma got worse since 2016.