• NaibofTabr@infosec.pubEnglish
    112·
    2 days ago

    Protectionism is not really aligned with capitalism.

    If anything, this example shows that free trade between nations does indeed drive innovation, as China’s electric vehicle market has produced a lot of innovation.

    • Bluescluestoothpaste@sh.itjust.works
      21·
      2 days ago

      Capitalism is NOT free trade. Capitalism is the wedding of industrialization, nation-states and capital markets. In fact, protectionism is only possible under capitalism, it wouldn’t make any sense under any prior system like feudalism.

    • Bluescluestoothpaste@sh.itjust.works
      5·
      2 days ago

      That’s the point they want us to spend more money so they can grift us with “made in USA” parts (which actually come from china anyway but a legal loophole let’s them repackage it in the US, slap a sticker on it and triple the price.)