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[-] thethirdgracchi@hexbear.net 21 points 7 months ago

They can't. India isn't built like China. Modi is desperately trying to roll out the infrastructure for massive industrialisation but there's a ways to go, and India's level of literacy and education are far below what is necessary for factory production on a Chinese scale. The only reason China could become the factory of the world is because the communists first made sure everybody on China had a good education. India is decades behind where China was in the 70s on these measures.

And there's nowhere else to go. Vietnam is too small, Indonesia too disparate and unconnected. The trap has been set, there's no way out.

[-] ProfessorOwl_PhD@hexbear.net 9 points 7 months ago

There is no trap, this is a response to the US banning Chinese processors. They're being hoisted by their own petard.

[-] thethirdgracchi@hexbear.net 11 points 7 months ago

The trap I'm referring to is the more long term one of basing the entire manufacturing might of the capitalist world in a communist country, but it's a trap they've walked into with open eyes.

this post was submitted on 13 Apr 2024
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