• sunbeam60@lemmy.one
      74·
      2 months ago

      Is your argument pro market regulation or against market regulation or just there to stir up shit?

      The EU is a heavily regulated market economy. Broadly that creates better outcomes and higher levels of happiness for its citizens.

      • TheOubliette@lemmy.ml
        96·
        2 months ago

        Slave labor is a system in which a person is bought sold and indentured to a master for a substantial duration, often life. Their labor is coerced as property of that master.

        That is not how China produces cars. They use highly automated systems and paid workers like everywhere else. While Chinese workers are paid less due to the forces of unequal exchange (a system imposed by the US) and an export economy (a system usually imposed by the US but more of a 4D chess move by China to develop productive forces, with the US gladly taking the deal for exploitation), that is not really why the cars are so much cheaper. It is because China has highly concentrated industry and a much less financialized system.

        Speaking about “fair” is amazing in this context. The US is simply trying to protect domestic monopsony industry and to damage Chinese industry. This is a jingoistic and corporate policy.

        • disguy_ovahea@lemmy.world
          2·
          2 months ago

          Chattel slavery is different than indentured servitude. There is no ownership of the indentured servant, but they are forced to work against their will. This is the slavery found in Xinjiang, as well as the US penal system.

          • TheOubliette@lemmy.ml
            12·
            2 months ago

            I didn’t mention chattel slavery or indentured servitude. There have been slave economies outside the American colonies / the United States.

            There is no evidence of slavery in Xinjiang, though there is a network of propagandists tied to Adrian Zenz, the US State Department, and the Australian equivalent who make dubious claims.

  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
    171·
    2 months ago

    I’m so confused here. I was under the impression that the entire argument for capitalist markets was that they produce cheaper and better goods than is possible to do with central state planning. Yet, here we have the capitalist west complaining that Chinese state driven model if producing goods that western companies are simply not able to compete with. Somebody help me understand.