Fishroot [none/use name]

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Joined 4 years ago
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Cake day: February 19th, 2021

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  • It does not escape the irony that the best biography on Deng happened to be written by a foreigner, an American no less.

    This is not too different from how the reason why Deng went for a progressive reform according to Isabel webber’s how China escape shock therapy. Deng initially wanted to initiate reform resembling USSR’s shock therapy, in opposition to the more Conservative (read left wing) of the part of the party and specialists who traveled to Eastern Europe countries to see the ravages of shock therapy. Ironically, it was George Soros who convinced the Party higher ups that it might not be a good idea




  • Just look at Chinese solar panels - in just 5 years, China has dominated 90% of the world’s market and so efficient and cheap that they producing twice as much as the global demand annually. There is literally no competition against Chinese solar panels.

    This kind of reminds me of a passage in Naomi Klein’s book This Changes Everything: Capitalism vs. the Climate. Where she mentioned that when the Kyoto Protocol was a thing, there are some people who really took it seriously and tried to open a Solar Panel Plant in Ontario, it lasted 6 months before they went under because they lost the price war against China.

    Recently, Quebec gave financial incentives to green industry sector which led to a battery plant being built. The plant was meant to stimulate the province’s economy and hired a colossal workforce of 200 people. The whole company also when under and the province is not going to see the return in investment.

    I guess this is why Carney basically abandoned Canada’s pledge to the Paris Accord and said that the market will figure the climate change crisis out