In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition
Having more apples doesn’t make your existing apples less valuable.
having a surplus of apples means you value an individual apple less, yes
that’s how the concept of “having things” works
As long as your demand is growing ALL your factories are just as valuable.
so if 20% of your factories are now somewhere else, whereas before it was 0%, then the share of value taken up by domestic factories has decreased, as has the share of demand they’re managing to satisfy by domestic factories
if china completely stops building new factories at home, and in 30 years 90% of their factories are abroad, and 10% are at home, would you say their industrial base had been “hollowed out”, even though the absolute number of factories at home is the same?
If you can’t even understand what the article says then there’s no point having further discussion.
i pointed out that there was no point discussing this further when you said that china was wrong about their own economy, but for some reason you insisted on it
It’s not an economy where the market makes decisions where labor and resources are allocated. The government decides that and the market acts as an allocator within that context.
this is like saying “the government doesn’t decide that; steve from the finance department decides that”, or “the market doesn’t decide that; a distributed network of private investors decides that”
if the government bases their decisions off the market, then the market is the one making those decisions, just like steve is making his decisions based on what he’s been told to do from the government, and just like investors are making their decisions based on what they think the market is telling them to do
you can quibble about how the same market effects will produce different results, but the result is still a market economy
i’m so excited for your next fruit analogy that accidentally explains why you’re wrong
having a surplus of apples means you value an individual apple less, yes
Nope, that’s not how any of this works. If you have constant demand for the good, you value all the factories producing the good equally. The fact that you can’t get this through your head is frankly incredible.
Anyways, it’s pretty clear that having a rational discussion with you is not possible since all you do is just regurgitate the same nonsense over and over. I’ll let you have the last word that you evidently crave. Have a good one bud.
my guy i already had the last word of consequence like 5 posts back when you stopped actually responding to things i was saying in a coherent way and started arguing with china
since then it’s all been for the love of the game
If you have constant demand for the good
quite literally, you’re now arguing with your own hypothetical
“As long as your demand is growing” -> not constant demand
but it doesn’t matter because i foresaw your difficulty with this one, and addressed both the case of constant demand and growing demand
all you do is just regurgitate the same nonsense over and over
maybe check your post history i think the call might be coming from inside the house on this one
you are comically bad at backing up a worldview you evidently hold so strongly, and it’s utterly fascinating to me
having a surplus of apples means you value an individual apple less, yes
that’s how the concept of “having things” works
so if 20% of your factories are now somewhere else, whereas before it was 0%, then the share of value taken up by domestic factories has decreased, as has the share of demand they’re managing to satisfy by domestic factories
if china completely stops building new factories at home, and in 30 years 90% of their factories are abroad, and 10% are at home, would you say their industrial base had been “hollowed out”, even though the absolute number of factories at home is the same?
i pointed out that there was no point discussing this further when you said that china was wrong about their own economy, but for some reason you insisted on it
this is like saying “the government doesn’t decide that; steve from the finance department decides that”, or “the market doesn’t decide that; a distributed network of private investors decides that”
if the government bases their decisions off the market, then the market is the one making those decisions, just like steve is making his decisions based on what he’s been told to do from the government, and just like investors are making their decisions based on what they think the market is telling them to do
you can quibble about how the same market effects will produce different results, but the result is still a market economy
i’m so excited for your next fruit analogy that accidentally explains why you’re wrong
Nope, that’s not how any of this works. If you have constant demand for the good, you value all the factories producing the good equally. The fact that you can’t get this through your head is frankly incredible.
Anyways, it’s pretty clear that having a rational discussion with you is not possible since all you do is just regurgitate the same nonsense over and over. I’ll let you have the last word that you evidently crave. Have a good one bud.
my guy i already had the last word of consequence like 5 posts back when you stopped actually responding to things i was saying in a coherent way and started arguing with china
since then it’s all been for the love of the game
quite literally, you’re now arguing with your own hypothetical
“As long as your demand is growing” -> not constant demand
but it doesn’t matter because i foresaw your difficulty with this one, and addressed both the case of constant demand and growing demand
maybe check your post history i think the call might be coming from inside the house on this one
you are comically bad at backing up a worldview you evidently hold so strongly, and it’s utterly fascinating to me