Comments by "Grak70" (@Grak70) on "How Semiconductors Ruined East Germany" video.

Basically irrelevant. These are different worlds.
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@brodriguez11000 I agree. The point is East Germany, as a Soviet satellite state, fell into a lot of traps of that culture that doomed them to failure. Some bureaucrat denying you static protection shoes, for example, is going to doom your efforts no matter what. Playing the “you pretend it’s fine, I pretend you didn’t fuck up” game is Soviet as hell. Technology difference aside (and that is like comparing cave paintings to AI art), China at least tends to listen to the science and put its money where its mouth is. If you’re going to be authoritarian, it’s far better for your industry to be ruled by technocrats than ideologues and apparatchiks.
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@Stephen_Ito lol what. China has one of the biggest public capital markets in the world.
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@Stephen_Ito the Chinese government is not going to tank its Crown Jewels by collapsing their stock price. Investors still matter hugely if those companies want to maintain market capitalization and credit worthiness. Modern China is state capitalist, not communist.
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