Exclusive: China surpasses S. Korea in key sectors, sparking industry worries KITA conducts In-depth interviews with 30 business leaders operating in China
  • Avid Amoeba@lemmy.caEnglish
    10·
    2 months ago

    It’s kinda inevitable isn’t it. If you put more people to study, do R&D, engineering, provide the necessary resources for them to do those things, the more hours worked should produce results faster. You limit the health and safety guardrails a bit and things get even faster. Skip having to do the earlier development by getting foreign capitalists to build factories on your soil and share their IP, and things get even faster.

    • SlopppyEngineer@lemmy.worldEnglish
      4·
      2 months ago

      And company leaders that get too big get cut down to size instead of letting them becoming a monopoly and slowing down.

      • Avid Amoeba@lemmy.caEnglish
        2·
        2 months ago

        I think the jury is still out on this one but there’s definitely been some of it as opposed to zero. There’s still a disturbingly high number of billionaires which makes me feel they either don’t cut down enough or when they do, it’s for show.

        • Buffalox@lemmy.worldEnglish
          11·
          2 months ago

          there’s definitely been some of it as opposed to zero.

          That’s a sad truth, Reagan basically stopped checks and balances on monopolies. Clinton tried to revive it, but it was killed by Bush.
          So basically free reign for large cooperations for 40 years.