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Re:China ‘Is the Only One in the Race’ to Make Electric Buse... by bluGill on Monday December 03, 2018 @09:08AM (#18588799)
A tightly controlled economy is better able to do whatever the leaders are interested in. The capitalists response is yes, but a less regulated economy gets there only a little slower anyway, while because it is trying more things it can get to something better instead. It is easy to see what we gained by whatever was done in the past, but it is hard to see what we gave up because we didn't choose to do something else.
Re:China ‘Is the Only One in the Race’ to Make Electric Buse... by jchanimal on Monday December 03, 2018 @10:31AM (#18589479)
Assuming the best ideas can get funding.
Re:China ‘Is the Only One in the Race’ to Make Electric Buse... by bluGill on Monday December 03, 2018 @10:55AM (#18589656)
Of course. However your have a better chance because whoever funds the best idea gets the rewards for doing so. It is chance in the end.
Re:China ‘Is the Only One in the Race’ to Make Electric Buse... by nicoburns on Monday December 03, 2018 @11:16AM (#18589890)
This falls down when the costs are things like environmental externalities though, because the companies exploiting these make more money despite producing less overall value for society.