politics

22268 readers

512 users here now

Protests, dual power, and even electoralism.

Labour and union posts go to [email protected].

Take the dunks to /c/strugglesession or [email protected].

[email protected] is good for shitposting.

Do not post direct links to reactionary sites.

Off topic posts will be removed.

Follow the Hexbear Code of Conduct and remember we're all comrades here.

founded 4 years ago

MODERATORS

[email protected]

China’s Electric Vehicles Are Going to Hit Detroit Like a Wrecking Ball (www.nytimes.com)

submitted 8 months ago by [email protected] to c/[email protected]

22 comments fedilink hide all child comments

xi-clap

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 58 points 8 months ago (2 children)

US car prices have risen massively over the last few years. Dealers just openly list $5000 markups on the sheet.

things are ripe for disruption so the empire is really going to have to ramp up the protectionism.

Perhaps the Big Three deserve destruction; after all, they hooked us on S.U.V.s in the first place and then fell behind in the E.V. race. But letting them die is not a tenable political option for the Biden administration.

but wait I thought "mArKeT fOrCeS WiLl pRoDuCe tHe bEsT oUtCoMeS"??

capitalism only works on paper

[–] [email protected] 25 points 8 months ago (1 children)

And the paper is a damp bar napkin

[–] [email protected] 15 points 8 months ago

Art Laffer's life story.

[–] [email protected] 7 points 8 months ago

The Yard Sale model makes me think it doesn’t even work on paper.