News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
Considering this only covers US Government purchased flags, this IS the invisible hand of the market. It’s a consumer choosing where they want to purchase products.
And it is t nationalizing the industry. They still will be privately produced. And individual Americans can still by Chinese flags.
The particular industry that’s being nationalised is American flags produced for US government consumption. (The nationalisation part)
They’ve decided to legislate because they don’t like the optics of some foreign made products. (This isn’t an invisible hand; it’s opaque)
How is that justified in a supposedly capitalist society when China can produce flags of the same quality but at a cheaper price?
Edit: maybe protectionism is a better word than nationalise, end effect is the same; The government of a capitalist country is directly interfering with the market.
Nationalization means the government takes full control of an industry, not merely sets standards on their purchase.
And buyers are able to have any reason they want for their purchase decisions, including optics. It’s still the invisible hand. And besides, I think it’s more than optics to want American tax dollars to go to Americans.
Capitalism doesn’t mean “always buy the cheapest.” It means anyone can sell at any price and quality, and the people choose. And, in my experience, Chinese made goods are often of lower quality, made with poor environmental standards, and produced with questionable labor practices (including outright slave labor).