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Cake day: July 3rd, 2023

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  • As a foreign born person, now living in Australia with Australian citizenship, Australia has undoubted racism, including casual racism, institutional racism and blatant bigotry. However, viokent hate crimes are much more rare. Australians are generally welcoming, even to those they hold outdated racist views against. Its not people in masks lighting crosses on lawns. Its people being friendly with foreigners at work but never making friends with them, despite doing the same with white coworkers. Its having neoghbours whobyou are friendly with and borrow tools from each other but still roll your eyes as they dont eat bacon, son you couldn’t possibly invite them over for a barbecue as your potato salad has bacon bits on top. Its denying original Australians a voice in the Parliament.

    However, China has a much bigger problem with racism where there is purposeful genocide. However, China’s criticism rings true, because it is.

    Australia can and will do better as most peopke dont want to be racist. There is a fringe far right element, like most western countries but its not the norm. I thibknchina will also do better as their exposure to other cultures and peoples increases.






  • Ramping up production didn’t reduce demand. Demand reduced due to a softening Chinese economy, mainly due to debt and housing.

    I agree, it’s not excess supply when you can sell it overseas. However, its also not central planning when you wanted to Ramp up supply for domestic consumption but end up using capitalism to keep efficiencies.

    Companies ramp down production all the time. What do you think redundancies and factory closures are for? They react to market conditions or seek new markets (as happened in this case).

    I thinknyouve got it backwards. Central planning can efficiently produce anything. As in, it can make as much of a product at the cheapest price as possible. The problem is central planning is less efficient at deciding how much is needed. It will often over or undershoot. Thats what happened here. Tonsaybthey can still sell overseas, so its still central planning being efficient is incorrect. Central planning didn’t work to produce the needed amount so trade through capitalism is being used to improve efficiency of the capital used.




  • They tend to be more efficient. However central planning in China which ramped up production yet has reduced demand, means an excess supply.

    So, selling to Europe or USA makes sense to offload that supply. In a capitalist, closed system, they would have ramped down production, but also wouldn’t have had the capital to ramp up production so quickly.

    If they weren’t seen as a strategic asset, then Europe and USA wouldn’t care that China is subsidizing cheaper products. They dont want their car industries dead as then they are dependent on China.