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submitted 4 days ago by yogthos@lemmy.ml to c/technology@hexbear.net
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[-] yogthos@lemmy.ml 10 points 3 days ago* (last edited 3 days ago)

my fav bit was when they complain how capitalist markets can't compete with central planning 🎻

In the process, the West has been abandoning its commitment to a bottom-up, market-based approach to setting technical standards. “We are being forced to undermine a system that has been very effective and that we have profited from for a long time,” laments Mr Rühlig. In more ways than one, China is making the West play by its rules.

[-] Tomorrow_Farewell@hexbear.net 10 points 3 days ago

If your system is so effective, then why is it unable to compete?

[-] yogthos@lemmy.ml 9 points 3 days ago

hey, it's effective at lining the pockets of the oligarchs :)

this post was submitted on 13 Oct 2024
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