Okay I misread about the 80% figure. It’s more about 50%. They just control 80% of the output through majority stakes.
But Chinese companies are going after all the cobalt in the world. It’s their industry that they want to shine in.
“Singapore does it”, my boss worked there and told me this week multiple times that Singaporeans are the most selfish ego centered people he has ever met. My wife grew up in Bintan, and she agrees. They are basically the Americans of south east Asia.
The subsidies are trickle down economics, heavily criticised by socialists.
Although income inequality is dropping in china. 0,35 Gini. In USA it’s 0,41. But here in the EU, it’s 0,29.
Okay I misread about the 80% figure. It’s more about 50%.
Be careful next time
It’s their industry that they want to shine in.
That is normal. USA does it too, don’t you think?
“Singapore does it”, my boss worked there and told me this week multiple times that Singaporeans are the most selfish ego centered people he has ever met. My wife grew up in Bintan, and she agrees. They are basically the Americans of south east Asia.
Why are you talking about your boss and your wife? We’re talking about Singapore which also heavily control their population
The subsidies are trickle down economics, heavily criticised by socialists.
Source?
Although income inequality is dropping in china. 0,35 Gini. In USA it’s 0,41. But here in the EU, it’s 0,29.
And you’re allowed to do it because we allow opposition.
That’s democracy.
It’s absolutely crazy how brainwashed westerners are to believe that Democracy is when the people can’t control policy, but they’re allowed to impotently post criticism of it online.
Socialism is not “lower Gini coefficient.” Socialism is a Mode of Production chategorized by public ownership being the principle aspect of the economy, unike Capitalism where the reverse is true. Large firms and key industries are firmly publicly owned in China, while the private sector covers small industry and self-proprietors. Key industries, like steel and banking, are near entirely state owned. In Belgium, this is not the case, in fact it’s quite the opposite.
This is why China is developing and improving key metrics at a much faster rate than dying western Capitalist countries. Adopting a Marxist understanding of economics allows better analysis of how to improve economies and use that for the benefit of all.
https://ssi.armywarcollege.edu/SSI-Media/Recent-Publications/Article/3938204/china-in-the-democratic-republic-of-the-congo-a-new-dynamic-in-critical-mineral/#%3A~%3Atext=The+DRC+produces+80+percent%2Cpercent+of+the+total+output.
https://source.benchmarkminerals.com/article/how-much-cobalt-production-is-owned-by-chinese-companies
https://theconversation.com/drc-is-the-worlds-largest-producer-of-cobalt-how-control-by-local-elites-can-shape-the-global-battery-industry-236205
https://www.visualcapitalist.com/chinas-cobalt-supply-dominance-by-2030/
Okay I misread about the 80% figure. It’s more about 50%. They just control 80% of the output through majority stakes.
But Chinese companies are going after all the cobalt in the world. It’s their industry that they want to shine in.
“Singapore does it”, my boss worked there and told me this week multiple times that Singaporeans are the most selfish ego centered people he has ever met. My wife grew up in Bintan, and she agrees. They are basically the Americans of south east Asia.
The subsidies are trickle down economics, heavily criticised by socialists.
Although income inequality is dropping in china. 0,35 Gini. In USA it’s 0,41. But here in the EU, it’s 0,29.
And where I live, it’s 0,26.
We’re still the most socialist.
Be careful next time
That is normal. USA does it too, don’t you think?
Why are you talking about your boss and your wife? We’re talking about Singapore which also heavily control their population
Source?
Socialism is more than income
And thanks for links
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It’s absolutely crazy how brainwashed westerners are to believe that Democracy is when the people can’t control policy, but they’re allowed to impotently post criticism of it online.
Impotently?
Yeah, dang autocorrect
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I am not interested in defending China. I want you to know that West is not holy
It is good then. Many oppositions only care about themselves
So the opposition, ml instance, only cares about themselves and thus should be heavily censored?
I thought we were here on Lemmy so that we could choose what content we see and which content we want to upload.
I said “many oppositions only care about themselves” not “all oppositions only care about themselves”
Ah yes, only the opposition that you belong to 😁
How convenient
Yes, it’s convenient. I don’t have to worry about ethno-nationalists, and chauvinists
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Socialism is not “lower Gini coefficient.” Socialism is a Mode of Production chategorized by public ownership being the principle aspect of the economy, unike Capitalism where the reverse is true. Large firms and key industries are firmly publicly owned in China, while the private sector covers small industry and self-proprietors. Key industries, like steel and banking, are near entirely state owned. In Belgium, this is not the case, in fact it’s quite the opposite.
This is why China is developing and improving key metrics at a much faster rate than dying western Capitalist countries. Adopting a Marxist understanding of economics allows better analysis of how to improve economies and use that for the benefit of all.