Where soviets failed economically

[Raven_Rayes]

7 minutes ago, Telugodura456 said:

Ofcouese some instances are bound to be there in a 1.4 billion country, especially in this newer hi tech area which the government doesnt fully understand the type of work. But there are corrected reasonably fast - have you heard of anything recently ? infact they are not getting enough people to work. 

YOu need to study their system in full. Even a woman who sews in a small factory is a memeber of union. The union negotiates annual increased for all of them. Also union helps employers too by giving them visibility of talent pool. Govt mediates all of it.

wtf. dude. China didn't pioneer whatever system it created now. It was already in practice in Korea, Taiwan, Singapore in their early days.

don't keep calling China as communist, as if it matters if every small factory worker is a member of union (which is false). you are entering into areas you don't have any clue.

I understand Chinese factories well. I asked you a simple question. Will you work in those factories or not? are you willing to sacrifice yourself, the way a generation of people in Korea and Singapore sacrificed themselves to see their neighbours enjoy the fruits of their sacrifice?

in your case, you are that neighbour. not the worker.

[Raven_Rayes]

4 minutes ago, Telugodura456 said:

i didnt advertize - its you trying to be mean to get under me. it doesnt have the effect you think it does. Your baby punches huh.

how am I being 'mean' by saying that I skipped IIT entrace test coz I had no clue what to fill in? lol.

[Raven_Rayes]

9 minutes ago, Telugodura456 said:

Ofcouese some instances are bound to be there in a 1.4 billion country, especially in this newer hi tech area which the government doesnt fully understand the type of work. But there are corrected reasonably fast - have you heard of anything recently ? infact they are not getting enough people to work. 

YOu need to study their system in full. Even a woman who sews in a small factory is a memeber of union. The union negotiates annual increased for all of them. Also union helps employers too by giving them visibility of talent pool. Govt mediates all of it.

let me rephrase this.. What do you think stops Andhra from being the factory of the world right now?

don't say labour rights in India.. No one gives a fcuk about it

[Telugodura456]

2 minutes ago, Raven_Rayes said:

how am I being 'mean' by saying that I skipped IIT entrace test coz I had no clue what to fill in? lol.

yea "lol"

[Raven_Rayes]

1 minute ago, Telugodura456 said:

yea "lol"

lol. may be you feel inadequate even after graduating from IIT. is that my fault? lol

[Telugodura456]

2 minutes ago, Raven_Rayes said:

let me rephrase this.. What do you think stops Andhra from being the factory of the world right now?

don't say labour rights in India.. No one gives a fcuk about it

10gera badakav. Next time you bring andhra in to some unrelated debate in a demeaning way i will roast you $hitty fascist like anything. I never play you on your identity and engage based on what you or anyone write. You always make it about my origin or caste. Fascist dog. That hate against andhra buried you completely. 

[Telugodura456]

Just now, Raven_Rayes said:

lol. may be you feel inadequate even after graduating from IIT. is that my fault? lol

hahaha ..projecting. INka 10ge i indulged you enough. pathetic hate monger.

[Raven_Rayes]

4 minutes ago, Telugodura456 said:

10gera badakav. Next time you bring andhra in to some unrelated debate in a demeaning way i will roast you $hitty fascist like anything. I never play you on your identity and engage based on what you or anyone write. You always make it about my origin or caste. Fascist dog. That hate against andhra buried you completely. 

lol. simple. next time don't tag me dumbfuck.

[BAVA_BERRY]

5 hours ago, Telugodura456 said:

hahaha ..projecting. INka 10ge i indulged you enough. pathetic hate monger.

[Ryzen_renoir]

10 hours ago, hyperbole said:

Capitalism has a Motivation to exceed and succeed, socialist economy is not a market economy and there is no motivation factor which is why we don’t see steve jobs, bill gates, or elon musk . China’s is more a case of cheap and abundant labor, direct access to north America via ocean, China’s success can be attributed to USA again a capitalist economy hunting for low cost manufacturing, all these contributed to Chinese, Korean and Taiwan success along with their herd mentality. Same low cost manufacturing is moving to other parts such as south east asia, India(services) and Bangladesh (textiles).

apart from weapons trading what has russia really succeed in - name one marque consumer product they made or do you remember anyone marveling at russian engineering  - british, gernmans french and italians made  super cars, uSA made everything that people longed for

China is also rapidly innovating in several high tech sectors 

For example huawei is the leading company in telecom now , that's why US/Europe banned it and lobbied to ban it everywhere . They don't want a Chinese company to become leading innovator.

Upon seeing recent events west could ban any Indian company that is the leading innovator too. Power of sanctions can cripple any competition

[Raven_Rayes]

9 minutes ago, Ryzen_renoir said:

China is also rapidly innovating in several high tech sectors 

For example huawei is the leading company in telecom now , that's why US/Europe banned it and lobbied to ban it everywhere . They don't want a Chinese company to become leading innovator.

Upon seeing recent events west could ban any Indian company that is the leading innovator too. Power of sanctions can cripple any competition

nothing special. and nothing to crow about on 'capitalism'. coz what China is indulging in is not capitalism too..

Its not easy to open a business or get stuff done with govt too in China. The economy is powered 50%+ by state owned enterprises that are as incompetent as ones in India. It has currency controls, heavy tariffs on imports. I don't understand why China is being labeled communist or capitalist.

China is successful because of its huge population. The amount of FDI into China is marginal - if you discount FDI from Japan, Korea, Taiwan and the rest of Asia. US investment in China is marginal.

[Raven_Rayes]

14 minutes ago, Ryzen_renoir said:

China is also rapidly innovating in several high tech sectors 

For example huawei is the leading company in telecom now , that's why US/Europe banned it and lobbied to ban it everywhere . They don't want a Chinese company to become leading innovator.

Upon seeing recent events west could ban any Indian company that is the leading innovator too. Power of sanctions can cripple any competition

India can replicate what China did if Union loosens its purses and goes on an infrastructure rampage. And if upper castes who control their little fiefdoms in rural areas, and even in urban areas, be shown their place.

China is an extremely tough environment to do business in (except if you are exporting to other countries), than India is. I don't understand how that equates to Capitalism.

India just hasn't thrown its weight around and gotten favourable trade deals that its exporters can then exploit. There are several reasons for this.

[Raven_Rayes]

19 minutes ago, Ryzen_renoir said:

China is also rapidly innovating in several high tech sectors 

For example huawei is the leading company in telecom now , that's why US/Europe banned it and lobbied to ban it everywhere . They don't want a Chinese company to become leading innovator.

Upon seeing recent events west could ban any Indian company that is the leading innovator too. Power of sanctions can cripple any competition

what exactly has Huawei innovated?

perhaps in fields like AI, which at the moment is just linear regression algos on steroids, pattern recognition and statistical modeling . Anyone with the money and investment to pour into expanding computing infrastructure can 'innovate' in AI these days.

Chinese innovation is only at the margins. In industrial design, and in copying west's successes. They've even come up with an mRNA vaccine.

[Ryzen_renoir]

11 minutes ago, Raven_Rayes said:

India can replicate what China did if Union loosens its purses and goes on an infrastructure rampage. And if upper castes who control their little fiefdoms in rural areas, and even in urban areas, be shown their place.

China is an extremely tough environment to do business in (except if you are exporting to other countries), than India is. I don't understand how that equates to Capitalism.

India just hasn't thrown its weight around and gotten favourable trade deals that its exporters can then exploit. There are several reasons for this.

No chance for india , Chinese leadership had a long-term goal and they are removing towards it 

They foresaw how big tech wraps around the nation and produced domestic alternatives 

 

[Ryzen_renoir]

2 minutes ago, Raven_Rayes said:

what exactly has Huawei innovated?

perhaps in fields like AI, which at the moment is just linear regression algos on steroids, pattern recognition and statistical modeling . Anyone with the money and investment to pour into expanding computing infrastructure can 'innovate' in AI these days.

Chinese innovation is only at the margins. In industrial design, and in copying west's successes. They've even come up with an mRNA vaccine.

Huawei owned nearly all the 5G patents

They were also designing own SOC that was actually within reaching distance of apple and ahead of Qualcomm/samsung before getting sanctioned to hell