this post was submitted on 14 May 2024
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United States | News & Politics

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President Biden announces a series of tariffs on green energy products from China. (lemmy.ml)
submitted 6 months ago by dessalines@lemmy.ml to c/usa@lemmy.ml
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[–] ed_cock@feddit.de 12 points 6 months ago (3 children)

That's protectionism, not capitalism.

[–] jaspersgroove@lemm.ee 24 points 6 months ago* (last edited 6 months ago)

Tomato, tomato. The free market is a myth, there is no part of the economy that goes without manipulation. Anytime business owners can’t directly manipulate the market themselves they bribe governments to do it on their behalf.

[–] Kalkaline@leminal.space 18 points 6 months ago (1 children)

That's no true Scotsman.

[–] ed_cock@feddit.de 2 points 6 months ago (1 children)

No, protectionism exists outside of capitalism and even somewhat goes against the idea of capitalism, especially the free market kind.

[–] Kalkaline@leminal.space 8 points 6 months ago (1 children)

That's theoretical capitalism, in practice there is no free market.

[–] ed_cock@feddit.de 1 points 6 months ago* (last edited 6 months ago) (2 children)

That's no true Scotsman.

[–] ADonkeyBrainedFog@lemmy.blahaj.zone 3 points 6 months ago

Bait or brain damage. Call it

[–] frippa@lemmy.ml 3 points 6 months ago (1 children)

[–] ed_cock@feddit.de 1 points 6 months ago

'preciate it

[–] some_guy@lemmy.sdf.org 1 points 6 months ago

Ooh, good point.