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[–] 9 points 2 days ago (22 children)

True, but kind of hilarious that you're basically explaining why tariffs are used. Like, fuckery? Tariffs are absolutely vital. It's when you have no fucking idea how they work a la MAGA that they get used as a weapon instead of a tool.

You don't want BYD coming in tariff free exactly because it would collapse not just the domestic brands but also the entire economic infrastructure around them.

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  • [–] 30 points 2 days ago

    I'd feel more strongly at protecting national brands if they didn't outsource and import 99% of the car. The only national brand that primarily manufactures everything in the us is Tesla, and it's ran by an anti-union nazi.

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  • [–] 27 points 2 days ago (2 children)

    You assume i dont want it to burn

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  • [–] 11 points 2 days ago (4 children)

    so, not capitalism, because it can't compete?

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  • [–] -5 points 1 day ago* (last edited 1 day ago) (3 children)

    That's not how that works.

    Capitalism does not require universal free trade. That's not viable under any system.

    Edit:

    capitalism/kăp′ĭ-tl-ĭz″əm/

    noun

    An economic system in which the means of production and distribution are privately or corporately owned and development occurs through the accumulation and reinvestment of profits gained in a free market.

    An economic system based on predominantly private (individual or corporate) investment in and ownership of the means of production, distribution, and exchange of goods and wealth; contrasted with socialism or especially communism, in which the state has the predominant role in the economy. Similar: capitalist economy

    A socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state.

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  • [–] 8 points 1 day ago (2 children)

    Capitalism assumes that everyone can compete and the best and cheapest product wins. Everything else are regulations we invented to keep capitalism in check, since its a pretty self destructive system.

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  • [–] -1 points 1 day ago (1 child)

    Within borders it does. Internationally, no.

    People can downvote with their emotions all they want. Doesn't make you right.

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  • [–] 2 points 1 day ago

    Your own explanation of the word works against you.

    A socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state.

    What exactly counts as a market has changed over the last few centuries due to the industrialisation and globalisation, but by now with all the trade agreements and the ease of access, its fair to say that we have a global market.

    Tariffs as a form to counter the heavy subsidization that China has within its car market could still be considered pure capitalism, but even then their cars would be 50% cheaper than EU/US models. Everything on top of that is blatant market manipulation done by countries or groups of interest (EU) to keep their domestic market relevant in a system that's fundamentally designed to do the opposite.

    Now that doesn't exactly mean that these regulations are a bad thing, I don't think we should give Chinese companies sole control over the global market just cause they have cheap labor. But it does show that capitalism is a failing system that needs increasingly more guardrails the bigger the market gets.

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  • [–] 13 points 2 days ago (1 child)

    It would be fair to tarrif the imports to the extent of the Chinese manufacturing subsidy to level the playing field.

    Beyond that, let us allow them in to put some pressure on domestic manufacturers to force production of products that we can actually afford to buy as an alternative to a 50K family wagon that has fewer features and is less efficient.

    Our domestic vehicle choices are woefully inadequate to the times we live in and something needs to change. Affordability is not a pipe dream is what China is teaching us - don't let that message pass you by as they build a strong economy around us.

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  • [–] 7 points 1 day ago* (last edited 1 day ago) (8 children)

    So you agree that capitalism's primary use is not to ensure the supply of everyone's needs with the most effective usage of resources.

    But rather: it's about competition on an international level. And the former kingpins (so-called "US" and Europe) try to stop their inevitable decline.

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  • [–] 1 point 1 day ago (7 children)

    No, it is not about competition on an international level. It's an economic system for a state, not an economic strategy

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  • [–] 1 point 1 day ago (6 children)

    It's an economic system for a state

    Umm, we're in international economy. There's no capitalist state that doesn't do international trade.

    And the states are in competition with one another. That's why tarifs exist.

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  • [–] 1 point 1 day ago (5 children)

    That's correct. Not sure what your point is?

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  • [–] 1 point 21 hours ago (4 children)

    International economy means that there is a competition going on between the nations.

    If Chinese companies sell more EVs, Germany's economy suffers.

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  • [–] 1 point 13 hours ago (3 children)

    True or false: A capitalist nation can trade with a communist nation.

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  • [–] 1 point 12 hours ago (2 children)
  • [–] 1 point 7 hours ago (1 child)

    Lol come on man.

    I said capitalism is the economic system of a state. You started going on about international trade, making it sound like "nations compete therefore capitalism is all trade".

    I tried to help you understand by proposing the question of whether a communist state can trade with a capitalist state (it can). So that you understand that capitalism is not defined by international trade.

    I think you forgot what you were arguing about?

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  • [–] 1 point 6 hours ago

    Lol come on man.

    Don't try to gocha me with your leading questions, "man"!

    said capitalism is the economic system of a state. You started going on about international trade, making it sound like "nations compete therefore capitalism is all trade".

    Your conclusion is false. It's actually: Capitalism requires nations to compete.

    I tried to help you understand by proposing the question of whether a communist state can trade with a capitalist state

    If a "communist" state (which is an oxymoron, since communism is by definition stateless) trades with a capitalist state, it's in a capitalist context. The states interact on a capitalist world market.

    So that you understand that capitalism is not defined by international trade.

    International trade is a consequence of capitalism in a world of nation states.

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  • [–] 1 point 1 day ago

    BYD being a cheap import because it is built where costs are lower is the same thing as US brands offshoring manufacturing. US brands get government favoritism through tax breaks and other benefits.

    It would actually be pretty neat if BYD built factories in the US like the Japanese brands did to get around the import part. The costs would be higher of course, but still better than the current overpriced offerings from brands that have no real competition.

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