GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 2 days agoThe while the US talks a big game, China plays a big game.lemmy.worldexternal-linkmessage-square130fedilinkarrow-up1865arrow-down146
arrow-up1819arrow-down1external-linkThe while the US talks a big game, China plays a big game.lemmy.worldGodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 2 days agomessage-square130fedilink
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up2·14 hours ago This is probably unachievable in Western countries, since they expect the metro systems to make a profit, which makes no sense whatsoever. It’s the difference between making profit Widening gulf between price and cost, then pocketing the difference And value Widening the gulf between cost and utility, then increasing the overall value of the economic system Businesses are absolutely profiting off Chinese HSR. They just aren’t the rail network operators. They’re the operator’s clients. Incidentally, America does have comparable systems. We just do it for cars and planes, not trains
It’s the difference between making profit
And value
Businesses are absolutely profiting off Chinese HSR. They just aren’t the rail network operators. They’re the operator’s clients.
Incidentally, America does have comparable systems. We just do it for cars and planes, not trains