I don’t know, it just feels like we haven’t tried much of anything here.
You’re absolutely correct in that. We’ve mostly just allowed for monopolies and oligopolies to take over industries in a way that only supports their bottom line.
This is one place where I think the free market could have worked, given enough time and sufficient enforcement to prevent this sort of conflict of interest, but the time for that was a decade or two ago. Now we need strong interventions by multiple levels of government to fix this problem.
Where can you get a BYD Seagull outside of China for that price? When they install all the required safety features, it’s much closer to 20k Euros (30k CAD).
That’s still a little cheaper than anything we have here, but not so much cheaper that it’s worth the human rights violations and loss of local industry.