Re:Why is China smashing its tech industry?
by vikiomega9 on Monday August 02, 2021 @03:18PM
(#28041349)
One idea that seems to make sense to me is that social mobility is the equivalent of starvation in a socialist setup. What we see today with the poorer sections of society especially African Americans is a strong indicator that all systems of power should be viewed critically and with compassion. The vast majority of the poor in America for example are obese and that's one cost I can think of that we pay for the current system. Btw, I'm not saying poverty is the cause, just that the system is setup to maximize free market outcomes that are not good but we put up with them, https://www.washingtonpost.com/lifestyle/food/the-true-conne...
It doesn’t help that in much of the media and mainstream culture we admire slackers and dumbing things down. Get high, get drunk, watch dumb shows and have fun doing dumb things.
It’s less so in Asia. On the other hand we keep on shipping jobs overseas so people on the bottom keep on getting sold out for even lower prices.
People used to be able to get by as a janitor or landscapers. Janitors and landscapers have been replaced by low cost labor. We can have foreign workers and have economic viability for people who don’t go beyond high school. We still have mechanics, but not sure how long that will be an option with electrification of autos where there are diff requirements.
I can see the disadvantage of the saccharine part of our economy and the advantages of focusing on nuts and bolts.
It’s the difference between letting people decide what’s right for them and having a more planned society. Obviously planned societies have been a recurring theme in history, most notably socialism and its chronological counterpart national socialism. Neither made good faith efforts and both resulted in millions of deaths. But we also experienced unnecessary deaths from unregulated parts of the economy, though not as many deaths and at least it involved more free will.