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rapsey

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The Spanish blackout, singular, last year was a cascading control plane faillure - i.e. independent of resource allocation. Texas failed to prepare for predictable winter storms - i.e. a market failure.

No Spain failed to plan for green energy intermittency which led to cascading failure. They did not have enough base load power. Another country bad at planning is UK: https://watt-logic.com/2026/07/02/neso-cutting-exports-durin...

So we have Germany, UK and Spain managing their grid poorly. All government managed.

A communist planned economy produced the same result as capitalism, and did it faster, from a worse starting point.

Capitalism is not tied to democracy. Read up on market reforms of China before being a smart ass. China has more free market competition domestically than any developed economy, which is why their EVs are so cheap or practically anything they make. The government making high level plans on how their economy gets developed is entirely normal for every major economy and has been done in the US and EU, they just regressed at it while China improved on it. They are the most capitalist society on earth.

You brought up the 08 crash... in defence of free-market capitalism. I can't tear my eyes off this car crash. Please, continue, I need more.

Yeah now check the GDP growth of EU and US after that. We in the EU are going through a managed decline, the US lows are followed by highs and investment booms unlike anything the EU has or will ever see.

Yeah sure dogma. Capitalism is evil, yet it lifted more people out of poverty than anything in history.

Of the three economic powers, the one with the most social welfare and least capitalist is the one that never recovered from the 2008 crisis. Funny how that is. Strange when all the welfare gets spent in the economy.

The one with the unproductive capital buying back shares is building GW datacenters. The other with "productive" capital, is encouraging people not to buy ACs because the electric grid cant handle it and using energy is bad for the environment.

Yes all russia's fault. It has nothing to do with european governments and the EU caring more about climate change than the economy. More about third worlders than local population. More about policing racism than violent crime. More about extending the war instead of ending it.

SpaceX S-1 2 months ago

I do not like founder controlled publicly traded companies.

These companies outperform the market though.

You are right I was mistaken. However Germany is still a basket case. If you want to move to a low carbon economy, you can not do it with renewables only and must be able to maintain equal power generation levels. Germany is producing less power than before and thus shooting their economy in the foot. Nuclear is the only practical solution.

Nuclear waste is a hilariously small amount of mass. It takes decades to build because of permitting and excessive regulations, the current UK plant build being one public insanity after another. Mining uranium is not an issue, it is all over the place and so on.

Every one of your points is a non issue, made into a big deal because of ideology.