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Re:Dutch government takes control of Chinese-owned chipmaker... by next_xibalba on Monday October 13, 2025 @07:51PM (#45574628)
I'll leave it as an exercise for the reader to spot the difference between Apple and the Chinese government.
Re:Dutch government takes control of Chinese-owned chipmaker... by philosopher1234 on Monday October 13, 2025 @07:53PM (#45574651)
I’m not hearing an argument, and I won’t be thinking one up for you. Seems like only a difference of degree to me.
Re:Dutch government takes control of Chinese-owned chipmaker... by maximus_01 on Monday October 13, 2025 @09:06PM (#45575122)
I'm not here to debate whether free markets are good or bad, but governments have a privileged position versus private companies, and effectively operate above the law (again at least compared to private companies). Any government intervention takes us away from a free market, either a little bit or a lot, depending on the action. Apple is a private company. Anything it does is really part of the free market, at least in the original meaning of that as described by Adam Smith and co.
Re:Dutch government takes control of Chinese-owned chipmaker... by nicoburns on Monday October 13, 2025 @11:56PM (#45576112)
> governments have a privileged position versus private companies, and effectively operate above the law

A lot of private companies effectively operate above the law too! In theory the law can be enforced on them. In practice it often isn't.

Re:Dutch government takes control of Chinese-owned chipmaker... by philosopher1234 on Monday October 13, 2025 @09:34PM (#45575306)
We’re talking about China subsidizing goods that it sells in another country. This is bread and butter “free market” behavior. Literally every company in the world does this one way or another.
Re:Dutch government takes control of Chinese-owned chipmaker... by maximus_01 on Monday October 13, 2025 @09:56PM (#45575429)
No, that is not the free market at work at all. I agree it happens however. We simply don't live in a 100% free market world.
Re:Dutch government takes control of Chinese-owned chipmaker... by philosopher1234 on Monday October 13, 2025 @11:10PM (#45575858)
I bet you can’t name a single company that doesn’t perform some critical function at a loss.
Re:Dutch government takes control of Chinese-owned chipmaker... by bdangubic on Monday October 13, 2025 @10:09PM (#45575516)
“subsidising” and “free market” are antonyms we learn in 3rd grade language arts class :)
Re:Dutch government takes control of Chinese-owned chipmaker... by philosopher1234 on Monday October 13, 2025 @11:10PM (#45575852)
How about “loss leader”? Ever use napkins at a diner? Buy Costco chicken? I think you are repeating things you were taught but they aren’t true
Re:Dutch government takes control of Chinese-owned chipmaker... by bdangubic on Monday October 13, 2025 @11:22PM (#45575918)
I guess I have heard it all, the Government is providing napkins at diners and buying up Costco chicken, missed that one in the budget
Re:Dutch government takes control of Chinese-owned chipmaker... by philosopher1234 on Monday October 13, 2025 @11:41PM (#45576038)
My friend, what is so special about the government? If a company uses its massive profits in one area to crus competition by selling at a loss in another area, this is the free market, and when a government does it it is something else? I think you have not thought this through
Re:Dutch government takes control of Chinese-owned chipmaker... by maximus_01 on Tuesday October 14, 2025 @03:38AM (#45577237)
Private companies do things to maximize profits. They might lose money on some stuff to make more on other things, and there might be some gunk in the system but they are almost all laser focused on making bigger profits.

Governments have lots of other incentives (like job creation, elections, income distribution)

Re:Dutch government takes control of Chinese-owned chipmaker... by bdangubic on Tuesday October 14, 2025 @09:37AM (#45579901)
Why don't we abolish any business altogether and just have government run everything? There are countries where this is normal, perhaps not "free market" countries like maybe us? :)
Re:Dutch government takes control of Chinese-owned chipmaker... by next_xibalba on Tuesday October 14, 2025 @03:59PM (#45584094)
OK, let me help a bit more.

A government has a monopoly on violence. A government has a monopoly on money printing and taxation. A government has a monopoly on the legislation. A government has far more human and financial resources than any other economic actor within its borders.

If a company goes out of business, people lose their jobs. If a government goes out of business, people lose their lives.

It is not a difference in degree, it is a difference in kind. There is a reason that economist distinguish between private firms and government.

Re:Dutch government takes control of Chinese-owned chipmaker... by itopaloglu83 on Monday October 13, 2025 @08:27PM (#45574864)
Well, Apple and Chinese government are one and the same when it comes to spending billions to further their agenda, that’s why that wasn’t a good example.

Yes, they do favor their own companies and provide subsidies etc. that’s not the problem though, the problem is that they’re undercutting other companies by selling below cost thanks to those subsidies. Otherwise, we would have to call our farming subsidies the same.

I was originally trying to point out that it has always been important to keep your vital industries secure, it was very stupid of Intel and others to transfer so much technology abroad (to anyone) just to increase their margins, I think ASML did the best: You can purchase our machine, but that’s pretty much it.