posted in Technology
Xiaomi Has a Luxury SUV for $31,000 That All Western Brands Should Fear
www.wired.com/story/xiaomi-has-a-luxury-suv-all-western-brands-should-fear/Replying to @GolfFoxtrotLima@sh.itjust.works
Damn, never though I’d say this, but I think China is gonna save capitalism from itself.
Replying to @schipelblorp@sh.itjust.works
Nah. It’s just another rug pull in preparation. Undercut prices until the competition breaks, then fuck things up with your monopoly. We’re in the undercutting prices phase, but the Chinese will want to have their fair share of interest on the subsidies they use to do that right now. It’s the same old fucking capitalism again and nothing is saved from it.
Yeah. Companies running on state subsidies competing with others who are not is not capitalism “working”, it’s just another rug pull leaving us all fucked.
Replying to @cabbage@piefed.social
I guess in this fantasy scenario of yours, the United States is the one that doesn’t subsidize the auto industry? lol
I love how criticizing the Chinese car industry leads people to thing I love the American one.
The US hasn’t produced a decent car since the 60s. I don’t even factor them into the calculation.
Replying to @cabbage@piefed.social
I didn’t say you loved it, I asked if you didn’t think it was subsidized.
Not to the same degree or in the same way. In the US the name of the game is to have companies run themselves into the ground to line the pockets of CEOs and investors, and then the state bailing them out every time because of jobs and national pride.
I’m sure there are other systems in place as well, but frankly I don’t care. Teslas are pretty much the only American cars you’ll see in Europe, and they’ve been subsidized by European countries to promote the electronic transition.
In short, I don’t think about American cars at all.