Re:China hires over 100 TSMC engineers in push for chip lead...
by MagnumOpus on Wednesday August 12, 2020 @09:47AM
(#24132027)
> salaries are exempt from the normal capitalism dogma
A nation state devoting their trillions to outbid companies is the exact opposite of capitalist dogma. (Even less capitalist than a monopolist conglomerate abusing their dominant market position to outbid/undercut you.)
If I go into a supermarket and the bananas are too expensive then I can either pay or not eat a banana. If salaries are increasing companies can either pay market rate or no.
(They can also train internally but that doesn't seem fashionable nowadays)