this post was submitted on 26 Aug 2024
10 points (91.7% liked)

Economics

1698 readers
2 users here now

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] yogthos@lemmy.ml 10 points 2 months ago

I love how they keep trying to frame it as a problem with the Chinese model and subsidies as opposed to asking what prevents other countries from doing the same. Seems to me that the real question is why western countries aren't able to compete with China on price and quality of products. It's as if the market model the west keeps peddling is being proven to be far less efficient than state driven central planning.