Comment by thrance
1 year ago
How so? They pay almost no taxes, they capture a huge share of the market, they stifle innovation, they regularly engage in anti-user practices...
The bottom 90% is owning an ever smaller share of the economy, while the real economy doesn't seem to grow that much.
If a Chinese company has a monopoly you get All those things, minus the US jobs.
It seems like you are comparing small companies vs large companies, rather than US vs Chinese.
Cue the uncountable number of Chinese jobs generated by overseas companies / the US monopolies, indirectly or directly....
Do you think a Chinese company results in more US jobs than a US company?
Ok, well in that case, sure. But the alternative to US monopoly is not automatically Chinese monopoly. No one was advocating for the destruction of Google in favor of Baidu or whatever.
The person you were responding to was explicitly comparing US vs Chinese monopolies. Maybe it is a false dichotomy, but that was the situation that the post was brining up.