• Wogi@lemmy.world
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    1 year ago

    “Capitalism breeds innovation and drivers prices down!”

    Capitalism: no not like that

      • chaogomu@kbin.social
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        1 year ago

        Every country does some level of industry subsidy. So it’s kind of baked into capitalism now. And, technically, has been since the beginning.

      • Vilian@lemmy.ca
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        1 year ago

        yes, it is, USA also do that, and others countries with fossil fuel

        • bioemerl@kbin.social
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          1 year ago

          Yes, and the EU largely responds in the sectors of US subsidy. Food imports are restricted. Airbus and Boeing are constant sources of trade spats, etc.

          Chinese subsidy makes American subsidy look like childs play. Their response to China should match that discrepancy.

        • Peaty@sh.itjust.works
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          1 year ago

          They are talking about car subsidies which China does and not all countries do in all markets.