• 3 Posts
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Joined 30 days ago
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Cake day: February 5th, 2025

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  • It’s really funny to me how so many people are going surprised pikachu over China tech not being crap.

    They started with basic manufacturing until no one could beat them, stole everything they could to close the tech gap. But behind that, invested massively into education to the point that they are producing more engineers than the rest of the world combined. They may not be super creative but they are competent enough. Also if one in a million is a genius the “West” has 800 but China has 1500. So yes, of course now their domestic designs will catch up or surpass western ones.

    Basically China spent the last 50 years systematically going through the techtree and minmaxing their spies, while the west just kind of aimlessly clicked around.






  • I will post this every time.

    Billionaires have an unhealthy concentration of power, but they don’t have a billion on their bank account. They own companies that are worth that much. They also aren’t necessarily assholes.

    Germany has many medium sized companies. They mostly treat their employees really well. Good pay, guaranteed jobs for their kids, etc. Many for sure are worth over a billion. And they are privately owned, so the owners are billionaires or close to it. So what is supposed to happen to those companies ownerships? Would it really be better if they are publicly owned?

    I’ve come around to think that a wealth tax is necessary, but it’s for sure complicated.