this post was submitted on 23 May 2024
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If you cut off the cheap stuff, causing a boom in the over-priced stuff, that's a net loss for everyone except the share-holders.
And the people making it — and like it or not, we don't really have an alternative to organized labor when it comes to building a winning coalition in the US
There's better ways to get money to the workers than trickle-down economics. We've seen over and over that just giving companies shittons of money doesn't result in better conditions for the workers, since it just gives them more ability to lobby for weaker worker regulations.
Also what battery producers are unionized? Tesla certainly isn't.
We've also seen over and over they won't just fix things themselves if you rely on "competition". They'll just buy each other until there's no competition, or they'll collude to just not provide anything worthwhile in the first place.
Can't buy up or collude with Chinese competition, since they're producing it for their own use rather than profit.
... you don't actually believe that, do you? Cause they can 100% go all in on Chinese corporations if it means they get that cashola.
And if you think Chinese companies aren't in it for the money themselves... I'd love to meet your dealer cause you must be on some fantastic shit.
What does this even mean? They can't form an oligopoly with them, signalling to them to raise prices/cut production to collectively increase profits in the American market like American corporations do.
I mean they are, but the big companies also have quotas they have to meet, defined in the 5 year plans, and the gov't is more than willing to shake down the owners/executives if they're too profitable or not productive enough.