mhoye on Nostr: When I say "the Uber grift" I should be specific: "Dumping" - the practice of ...
When I say "the Uber grift" I should be specific:
"Dumping" - the practice of importing state-subsidized manufactured goods far below cost to deliberately crush the local competition - is illegal in the US and has been since the 1930s.
When the US (foolishly) moved to a service economy, part of the argument - beyond fucking over unions and the working class - was that Americans would now _benefit_ from those subsidies. Services were not vulnerable to that risk.
Software plus VC changed that.
"Dumping" - the practice of importing state-subsidized manufactured goods far below cost to deliberately crush the local competition - is illegal in the US and has been since the 1930s.
When the US (foolishly) moved to a service economy, part of the argument - beyond fucking over unions and the working class - was that Americans would now _benefit_ from those subsidies. Services were not vulnerable to that risk.
Software plus VC changed that.