this post was submitted on 09 May 2024
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[–] Nachorella@lemmy.sdf.org 14 points 6 months ago (4 children)

Why can't they regulate capitalism when it comes to important shit.

[–] higgsboson@dubvee.org -2 points 6 months ago (3 children)

...This article is about the US government doing exactly that. Did you read anything other than the headline?

The US government has allegedly revoked Qualcomm's and Intel's licenses to sell chips to Huawei

[–] TimeSquirrel@kbin.social 25 points 6 months ago (1 children)

They probably meant things like monopoly breakups, wage increases, lowering healthcare costs, you know, things that directly affect the average person. This isn't going to affect my life in any way whatsoever. This squabble is between governments, not us.

[–] higgsboson@dubvee.org 3 points 6 months ago* (last edited 6 months ago) (1 children)

Ahh, I see how it could be interpreted that way. I'll just pretend this is asked in good faith, despite it being just an off-topic rhetorical jab at the state of the US government.


Why can't they regulate capitalism when it comes to important shit.

The US government can do this (as opposed to your favored issues) for two reasons: 1) This is executive action by the Biden administration, not requiring Congress. 2) This is inherently uncontroversial, even popular. 81% of Americans have an unfavorable view of China. It is one of the few things Americans agree on with such strong bi-partisan support, thereby making China an easy punching-bag for campaign season.

Further, I would contest the assertion that the Biden administration isn't also doing those other things, to the extent that is feasible, given the currently widely divided state of our government.

[–] Nachorella@lemmy.sdf.org 8 points 6 months ago

Yeah, just an off topic rhetorical jab, but I appreciate your answer. I guess it just bothers me when politicians hand wave about free markets when it's obvious they have the power to make these sorts of changes. I wasn't talking about Biden specifically either, I'm not even American.

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