'Communism' or 'America First' ? RE: Rare Earth Metals.

[Jack]

No he hasn't, that's just crap

Really? Dukkha rejects 'Central Planning'. Thinks it's Communism or Socialism or something that should be avoided. Thinks the 'Market' should dictate Policy. He seems to be totally unaware of all the Market Manipulation that goes on.

[cancel2 2022]

Really? Dukkha rejects 'Central Planning'. Thinks it's Communism or Socialism or something that should be avoided. Thinks the 'Market' should dictate Policy. He seems to be totally unaware of all the Market Manipulation that goes on.

I reject central planning as well but that's not to say there are times when no other mechanism will work. Don't recall Operation Overlord being put out to competitive tender, do you? But Spitfires, Hurricanes, Lancasters etc all came from private companies.

[Jack]

I worked for T-Mobile for 13 years, there is only one 5G protocol. The Chicoms tried that shit with 3G and it didn't work. That's not to say that didn't have substantial input, bit the standard is universal.

"The competition lies in as to whose patents will be accepted as industry standards going forward. Huawei has gone all out on this front, so has Samsung, Ericcson, and Qualcomm[1] ."
https://www.quora.com/How-advanced-i...the-US?share=1

So, should America buy Huawei as the national network?

[Jack]

I reject central planing as well but that's not to say when no other mechanism will work.

Then Sir, YOU ARE AN IDIOT!

[cancel2 2022]

"The competition lies in as to whose patents will be accepted as industry standards going forward. Huawei has gone all out on this front, so has Samsung, Ericcson, and Qualcomm[1] ."
https://www.quora.com/How-advanced-i...the-US?share=1

So, should America buy Huawei as the national network?

That battle is over, thanks to Trump Huawei was cut out from tendering for future 5G business as are ZTE. Jack, I know my shit regarding mobile architecture you don't.

[Jack]

That battle is over, thanks to Trump Huawei was cut out from tendering for future 5G business as are ZTE. Jack, I know my shit regarding mobile architecture you don't

Wait! That's Market Manipulation! What about 'Capitalism'? I ... I thought that's what it was all about???

Why would you want to 'Distort the Market' with Government Interference???

[Jack]

Does*Dukkha and/or Darth know about your preference of Government Interference in the 'Free Market'? (heart attacks may be occurring as we speak)

[cancel2 2022]

Wait! That's Market Manipulation! What about 'Capitalism'? I ... I thought that's what it was all about???

Why would you want to 'Distort the Market' with Government Interference???

Put a sock in it ffs, that's ancient history. Trump banned Huawei and ZTE from tendering. He also made sure that the UK, Holland, Germany and many in Eastern Europe followed suit.

https://foreignpolicy.com/2020/10/27...s-5g-slovakia/

[Jack]

Put a sock in it ffs, that's ancient history. Trump banned Huawei and ZTE from tendering. He also made sure that the UK, Holland, Germany and many in Eastern Europe followed suit.

https://foreignpolicy.com/2020/10/27...s-5g-slovakia/

So ... what happened to 'Free Markets' and the Mantra of Capitalism?
Isn't the Right-wing Conservatives always complaining about 'Government Interference'?
Or ... is that just some bullshit line that Conservatives hide behind?

Weren't you the English Bloke that had his knickers in a twist over 'Fishing Rights'?

[Into the Night]

... unless the US becomes independent of the Chinese and their Rare Earth domination. So, do you support a 'National Champion' approach to this, where the Government 'subsidizes' a sector of the Economy? You know, 'State Capitalism'.


"National champions
National champions are corporations which are technically private businesses but due to governmental policy are ceded a dominant position in a national economy. In this system, these large organizations are expected not only to seek profit but also to "advance the interests of the nation"; the government sets policies which favor these organizations.Wikipedia"

There is no such thing as 'state capitalism'.

[Jack]

There is no such thing as 'state capitalism'.

"state capitalism
n. an economic system that is primarily capitalistic but there is some degree of government ownership of the means of production"

It would be like the US Government buying Shares in a Rare Earth Company to prop up it's existence.

[Jack]

There is no such thing as 'state capitalism'.

This might help you understand 'State Capitalism':

"Primarily state-owned, Saudi Aramco, officially known as Saudi Arabian Oil Company, is the world's biggest oil producer. It is officially based in Dhahran, Saudi Arabia, and has an estimated 270 billion barrels in reserves.
It is by far the world's most profitable company, eclipsing even tech giants such as Apple Inc. (AAPL) and Alphabet Inc. (GOOGL). This was revealed in April 2019 when rating agencies released financial information of the long-secretive company before its debut international bond sale, which raised $12 billion.
https://www.investopedia.com/what-is...aramco-4682590

[Into the Night]

You, and your 'Pure Capitalists', call everything 'Communism' when the Government steps in to Promote America.

Fascism and communism do not promote anything.

When I mention 'Central Planning', you go ballistic. You think the 'Market' will dictate the Future.

Central planning usually takes the form of fascism, sometimes communism. In a free market, the market does dictate the future. It is price discovery. It is the voluntary purchase of new and better products, voluntarily created to create in that market. Capitalism creates wealth. It requires no central planning or any government at all. It is creation of wealth. It is the only economic system that creates wealth. It is what the pioneers used to build whole cities out of nothing but weeds, raw materials, and hard word and innovation. Recent examples are the creation of whole industries, such as personal computers or cloud computing....all from nothing but raw materials, innovation, and hard work. That's what capitalism is.

You fail to see China using Central Planning to Promote China and their Autocratic Government as 'The Future'.

Fascism and communism also dictate the future. It is a future of misery, shortages, and theft.

In my view, the U.S. can use Central Planning as a Way to Promote America and Western Democracy.

There is no democracy. The United States was never a democracy. Democracies have no constitution nor representatives. Fascism is not the answer, dude.

You seem to be stuck in a Religious Devotion to Pure Capitalism as The Answer.

Capitalism is the answer. It is the only economic system that can create wealth. Both fascism and communism require capitalism to steal wealth from. Both fascism and communism are forms of socialism, and theft of wealth.

Rare Earth Metals should be an easy Test for you. Opt for the 'Market' to dictate Events, or use Central Planning and Government Subsidy (National Champion) to ensure Western Democracy and America prevails.

There is no democracy. Fascism is the reason rare earths are not developed in the States. Getting government out of the way is the solution. Allowing capitalism to flourish is the solution.

(naturally, I expect you and Darth to begin stuttering: 'but, but, but that's communism')

Fascism isn't communism. They are different economic systems. They are both forms of socialism. Fascism, however, is on the road to communism.

[Into the Night]

"state capitalism
n. an economic system that is primarily capitalistic but there is some degree of government ownership of the means of production"

It would be like the US Government buying Shares in a Rare Earth Company to prop up it's existence.

Communism is not capitalism.

[Into the Night]

I think we are both on the same side of this issue. You seem pragmatic and practical. I believe Dukkha and Darth are both 'Pure Capitalists'. They have more of a Religious Devotion to what they perceive as Free Markets, Open Markets.

Dukkha is from Florida, but is probably unaware of what subsidies the Sugar Industry gets from Government.

"Big Sugar Has a Sweet Tooth for Subsidies"
https://fee.org/articles/big-sugar-h...for-subsidies/


--->"On top of price supports, the government enforces a system of tariffs and quotas on imported sugar."

Fascism is not capitalism.