395
Chinese EV maker BYD says new fast-charging system could be as quick as filling up a tank
(www.theguardian.com)
this post was submitted on 18 Mar 2025
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I just wanted to point out the pervasiveness of capitalist propaganda here. They're not manipulating prices, they're helping their people. It just so happens that our capitalistic systems don't do well when someone helps their neighbor because then we can't abuse them.
Now don't get me wrong though, I'm not gonna sit here and tell you the Chinese government does no wrong. But in just this particular case I think we're picking the wrong battle
Not regulating China when they did the same with photovoltaic cells is what destroyed the German photovoltaic industry, which before that was leading.
Doesn't sound too bad when you put it that way. China could go about it better, with worker rights and whatnot, but the government pumping money into the hands of the everyman is not something I can be against
The reasons why China can produce so much cheaper than Germany are because Germany pays fair wages, has to get enough taxes to pay for free healthcare and the welfare system, provides free access to education (including universities), has very high environmental standards, ...
You may be calling a social democracy "soul-crushing capitalist system". I call it home (not Germany specifically but also a social democracy), freedom for everyone to follow their dreams (you can be completely poor and still study whatever you want (with a side job if subsidies aren't high enough) to get the job you want).
When I need medical help I go to the hospital (or even call an ambulance if it's urgent), get treated, and leave without having to pay anything. For university I'm paying 27€ (~30$) per semester. On the streets you barely see homeless people because there are places where they can go to find food, shelter and advice. Etc.
Paying 50% of my income (only like 30% when not earning that much) in taxes is well worth it. Sure, private insurance might be better for me personally. But it brings me joy to be able to support this system, all those happy people are well worth the slight extra cost.
It is capitalist perspective, but not propaganda.
If there is meant to be capitalist competition then the competitors should not be massively funded by the government. China massively funds their electric car industry, principally because they own them.
That said, US carmakers get Government bailouts all the time.
Right but it's the specific use of the phrase "manipulating prices."
Manipulating has a negative connotation, it's a buzzword used often in capitalist propaganda. They're not manipulating prices, they're subsidizing the industry so that their people can reap the benefits of their taxes in a tangible way. The same way Americans subsidize farmers, and their EV industry. We just don't subsidize it as much.
You are right