China is able to pivot quickly on projects of enormous scale in part due to its political structure. I doubt many western countries would pivot so quickly and drastically for national interests in whatever you call this version of capitalism.
this post was submitted on 31 Dec 2023
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It’s not efficiency that makes people prefer democracy.
It's just plain old capitalism.
With a sprinkle of dictator.
That's literally the definition of economic fascism. Private corporations that are subservient to a one party state. The efficiencies of capitalism directed towards the will of the people.
I think it's important that people understand the core argument behind fascism because if you do not counter it, you allow it to spread. Sometimes not by name but in form.
It's also my core argument against any non liberal radicalism but that's not a popular view on this platform for some reason.
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(3 replies)
China can CLAIM to pivot quickly on projects, but it is always for show, and most of the funding ends up in pockets of corrupt officials.
The projects end up abandoned and swept under the rug, or end up in failure but reported as successful only to mysteriously never be heard about again.
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Project 2025 -esque
What a waste of time,money, and resources
China has ghost cities with empty apartment buildings. They have tons of resources to waste.
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What's the point? For the drink?
the point is leaving more food on the table that would otherwise be used for ethanol production.
I'd guess for ethanol based fuels?
Too bad the SCMP conveniently doesn't link any research materials or evidence of this 'vital' energy production plan.
My bet is another bullshit project led by scammers. Just like that enormously retarded energy storage plan
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