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Joined 3 years ago
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Cake day: June 14th, 2023

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  • we’d have a more competitive and distributed market for these technologies and a lower future dependence on Chinese imports for said technologies.

    I don’t see a future where at least one of the two largest populations of educated professionals doesn’t lead the way on electric vehicles. And that really only leaves you with China or India.

    You might have a broader distribution or more regionalized production. But there’s no world in which a country with the manufacturing capacity plus the enormous population advantage doesn’t come out on top eventually.

    Right now, I can see a chokehold forming on that sector

    I don’t see a chokehold on EVs any more than Taiwan has a chokehold on CPUs.

    There’s a building comparative advantage, but the global market is enormous. Plenty of room to catch up.

    That’s why China has ten competitive major brands right now





  • Structural issues make egalitarian economic systems difficult. Wealth and social influence compound once another in a virtuous cycle. Wealth has a strong hereditary bias, even in socialist economic models. And violence is historically a powerful tool for accruing wealth. Very difficult to establish universal deterrence against violence.

    This isn’t a question of people being smart or stupid. It’s an elaborate balancing act that becomes exponentially more difficult as population size expands.