• 357 Posts
  • 88 Comments
Joined 2 years ago
cake
Cake day: May 10th, 2022

help-circle











  • Competition aka market economy only works if every player respects the same rules. It’s obvious that this isn’t the case here. TikTok -the ‘Western’ version of ByteDance’s product- isn’t allowed even in China as you will know. So why does TikTok complain if it gets banned in the West, while it seems fine to be banned in China? Isn’t that a double standard?

    Also, if we’re talking about competition, then this doesn’t work in a centrally planned economy like China’s. The competition argument coming from a Chinese perspective isn’t valid, as it is the Chinese government itself which rejects exactly this very competition for itself.


  • The real change in retail pricing might be discrimination pricing (or ‘surveillance pricing’ as it is now called sometimes). Simply speaking, it uses personal data to personalize prices not just for each customer, but also for each customer depending on actual circumstances such as day time, weather, an individual’s pay day, and other data, collected through apps, loyalty cards, …

    As one article says, there is One Person One Price:

    "If I literally tell you, the price of a six-pack is $1.99, and then I tell someone else the price of a six-pack for them is $3.99, this would be deemed very unfair if there was too much transparency on it,” [University of Chicago economists Jean-Pierre] Dubé said. “But if instead I say, the price of a six-pack is $3.99 for everyone, and that’s fair. But then I give you a coupon for $2 off [through your app] but I don’t give the coupon to the other person, somehow that’s not as unfair as if I just targeted a different price.”

    The linked article is a very long read but worth everyone’s time. Very insightful.



















  • Just stumbled upon this:

    Academic calls for upgrade to sewage systems to protect health

    The risk to public health from human faeces in our [UK] rivers and seas will increase without action to create a wastewater system fit for the future, according to Professor Barbara Evans, Leeds’ Professor of Public Health Engineering at the University of Leeds.

    The report [led by Professor Evans]says collective action by industry, government, public bodies and the general public is required. It makes 15 recommendations, including: review current bathing water regulations; prioritise maintenance of the existing sewage network; return to collecting widespread data on faecal bacteria; develop a long-term strategy for better designing cities to reduce flooding, and the appointment of a dedicated wastewater champion.

    Here is the report (pdf).



  • There is much evidence about this and a strong body of research. As researcher in the Journal of Democracy write, for example:

    China’s Threat to Global Democracy (here is the [archived link](China’s Threat to Global Democracy))

    China’s economy is slowing, and the regime is coming under greater domestic pressure—witness the large-scale protests that broke out against Xi’s covid-zero policy in multiple cities and on dozens of university campuses in late 2022. Beijing is encountering growing international criticism and resistance on other fronts as well. Around the world, negative views of China have surged to highs not seen since the 1989 Tiananmen Square Massacre […]

    China’s rulers also have long understood what political scientists have proven empirically: Autocracies often fall in waves, as revolutionary activity in one country inspires popular uprisings in others […]

    The CCP has responded with stepped-up repression over the past decade—jailing dissidents, mobilizing security forces, censoring information, and preempting popular unrest. Yet China is now strong enough that it can do more than just hunker down in the face of foreign pressure. Xi believes that the CCP’s domestic power will be enhanced if authoritarianism is prevalent and democracies are dysfunctional—fellow despots will not punish China for rights abuses, and the Chinese people will not want to emulate the chaos of liberal systems. He thinks that preventing revolts against authoritarianism in other countries will lower the odds of such a revolt erupting in China. And he believes that silencing critics abroad will limit the challenges facing the CCP within China. Xi sees rolling back democracy overseas as part of his plan to secure his regime at home […]

    Beijing spends billions of dollars annually on an “antidemocratic toolkit” of nongovernmental organizations, media outlets, diplomats, advisors, hackers, and bribes all designed to prop up autocrats and sow discord in democracies. The CCP provides fellow autocracies with guns, money, and protection from UN censure while slapping foreign human-rights advocates with sanctions. Chinese officials offer their authoritarian brethren riot-control gear and advice on building a surveillance state; PRC trade, investment, and loans allow those dictators to avoid Western conditionality regarding anticorruption or good governance.

    Beijing uses its globe-spanning media organs to tout the accomplishments of illiberal rule while highlighting democratic governments’ flaws and hypocrisies. China works with fellow authoritarian regimes, such as Vladimir Putin’s in Russia, to push autocrat-friendly norms of internet management in international institutions and standards-setting bodies.

    These are some quotes, but whole article makes an interesting read.