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China’s Abandoned, Obsolete Electric Cars Are Piling Up in Cities (www.bloomberg.com)

submitted 10 months ago by [email protected] to c/[email protected]

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A subsidy-fueled boom helped build China into an electric-car giant but left weed-infested lots across the nation brimming with unwanted battery-powered vehicles.

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[–] [email protected] 1 points 9 months ago

China is an instance of State Capitalism, where the government owns the means of production, and uses it for profit-generation. The only reason that anyone in the West actually believes it's at all Communist is because we're so indoctrinated by Red Scare propaganda that most people can't tell the difference between "workers own" and "the government owns", since the only kind of private ownership we recognize is ownership by oligarchs/corporations.