128
submitted 11 months ago by jeena@jemmy.jeena.net to c/technology@beehaw.org

A subsidy-fueled boom helped build China into an electric-car giant but left weed-infested lots across the nation brimming with unwanted battery-powered vehicles.

you are viewing a single comment's thread
view the rest of the comments
[-] Hirom@beehaw.org 1 points 11 months ago

That's part of it, even if that's not the only part.

Central characteristics of capitalism include capital accumulation, competitive markets, price systems, private property, property rights recognition, voluntary exchange, and wage labor.

Source: https://en.m.wikipedia.org/wiki/Capitalism

[-] t3rmit3@beehaw.org 1 points 11 months ago* (last edited 11 months ago)

Sure, in the same way that a central characteristic of Communism is being a Stateless society, even though that part never seems to happen either (thanks, Lenin). "True Capitalism has never been tried before!"

this post was submitted on 23 Nov 2023
128 points (100.0% liked)

Technology

37717 readers
401 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS