China's state capitalism is putting Western electrification to shame
I enjoyed listening to the conversation - and the thread David Fishman put up on X following it (may be food for the next conversation): https://x.com/pretentiouswhat/status/1885048153386475602
This definitely seems an area where we had it more correct in the public power era than we do now.
But the twist of private capitalistic enterprises competing to fulfill the public power sponsored priorities seems underexploered.
I enjoyed listening to the conversation - and the thread David Fishman put up on X following it (may be food for the next conversation): https://x.com/pretentiouswhat/status/1885048153386475602
This definitely seems an area where we had it more correct in the public power era than we do now.
But the twist of private capitalistic enterprises competing to fulfill the public power sponsored priorities seems underexploered.