China is “set up to hit grand slams,” longtime Chinese energy expert David Fishman told Fortune. “The U.S., at best, can get on base.”

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[–] 10 points 1 year ago (5 children)

The lazy western capitalists being out-competed at their own game, you say?

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  • [–] 4 points 1 year ago (3 children)

    Yeah, it's crazy what you can do when you don't have to pay people, and you can instantly stomp out all dissent.

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  • [–] 7 points 1 year ago

    I'm not suggesting that China is some utopia - quite the opposite in a number of respects. But what I am arguing is that privileged classes and groups in the west have captured control of the wider narrative and tipped the scales to their benefit; we've ended up with financialised economies focusing on rent extraction which are stagnant and unable to support true innovation.

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