Government providing money to create innovative new tech and make it available at a lowe cost to their constituents
Manipulating the prices to be lower
I just wanted to point out the pervasiveness of capitalist propaganda here. They’re not manipulating prices, they’re helping their people. It just so happens that our capitalistic systems don’t do well when someone helps their neighbor because then we can’t abuse them.
Now don’t get me wrong though, I’m not gonna sit here and tell you the Chinese government does no wrong. But in just this particular case I think we’re picking the wrong battle
If there is meant to be capitalist competition then the competitors should not be massively funded by the government. China massively funds their electric car industry, principally because they own them.
That said, US carmakers get Government bailouts all the time.
Right but it’s the specific use of the phrase “manipulating prices.”
Manipulating has a negative connotation, it’s a buzzword used often in capitalist propaganda. They’re not manipulating prices, they’re subsidizing the industry so that their people can reap the benefits of their taxes in a tangible way. The same way Americans subsidize farmers, and their EV industry. We just don’t subsidize it as much.
I just wanted to point out the pervasiveness of capitalist propaganda here. They’re not manipulating prices, they’re helping their people. It just so happens that our capitalistic systems don’t do well when someone helps their neighbor because then we can’t abuse them.
Now don’t get me wrong though, I’m not gonna sit here and tell you the Chinese government does no wrong. But in just this particular case I think we’re picking the wrong battle
Not regulating China when they did the same with photovoltaic cells is what destroyed the German photovoltaic industry, which before that was leading.
It is capitalist perspective, but not propaganda.
If there is meant to be capitalist competition then the competitors should not be massively funded by the government. China massively funds their electric car industry, principally because they own them.
That said, US carmakers get Government bailouts all the time.
Right but it’s the specific use of the phrase “manipulating prices.”
Manipulating has a negative connotation, it’s a buzzword used often in capitalist propaganda. They’re not manipulating prices, they’re subsidizing the industry so that their people can reap the benefits of their taxes in a tangible way. The same way Americans subsidize farmers, and their EV industry. We just don’t subsidize it as much.
You are right