China can produce EVs that are as good as US EVs or better, for half the cost
The US has implemented tariffs on China, but this hasn't deterred China from continuing to produce EVs, which will still be sold in the US at higher prices for American consumers. This contradicts capitalist principles that competition should lower prices. Instead, this situation reflects protectionism, not capitalism, as it raises consumer costs. In reality, the US economy, often described as capitalist, exhibits more socialist tendencies compared to many global economies.
Despite the US government continuous interference in the economy, the wealth gap persists, favoring the rich while impoverishing the poor. The government's readiness to protect mega-corporations, while refusing to safeguard workers and consumers constitutes something far more sinister than capitalism.
Now, when an American company is threatened, whether it be Microsoft, Tesla or Facebook, the government can step in and issue tariffs, even ban the competition, e.g., the ban on TikTok. Now, when millions of Americans' livelihoods are threatened by the so-called capitalist, the government says, "that's just business."
Do you really think we are stupid?
Despite the US government continuous interference in the economy, the wealth gap persists, favoring the rich while impoverishing the poor. The government's readiness to protect mega-corporations, while refusing to safeguard workers and consumers constitutes something far more sinister than capitalism.
Now, when an American company is threatened, whether it be Microsoft, Tesla or Facebook, the government can step in and issue tariffs, even ban the competition, e.g., the ban on TikTok. Now, when millions of Americans' livelihoods are threatened by the so-called capitalist, the government says, "that's just business."
Do you really think we are stupid?