this post was submitted on 10 Sep 2023
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Don't use your Chinese propaganda for that.
Almost every corner of Europe is capitalist as well, but they have better and faster (and sometimes even cheaper) internet than most of America.
It's not capitalism, it's greed and bribery.
Chinese propaganda? China is the most capitalistic countries of em all...
The government not building infrastructure and rather hand the task over to the private sector is not a problem of capitalism? Dude... It's a prime example of downsides of capitalism and it goes hand in hand with greed and bribery. Don't get me wrong because I think capitalism is a reality we live in and it has some upsides aswell.
I live in Germany and we have very bad internet compared to some eastern European country's. That's because the conservative party decided in the 80s that our internet would have to use copper instead of fiber optic cables.
20 years later we learned that decision was made because the private sector had huge interest in laying copper so they could sell cable TV.