Yes, but not in the ironic meaning you probably meant it in. China is more capitalist than the United States or Europe at this point in time. It's why they managed to catapult themselves so quickly ahead.
> Capitalism is why there is no chip fab in the US
Umm what? My friend works at one. There's dozens of them in the US.
Also the reason why chip fabs took off in certain other countries is because of state sponsorship by feeding their development off of the tax base. i.e. corporate welfare.
Yes, but not in the ironic meaning you probably meant it in. China is more capitalist than the United States or Europe at this point in time. It's why they managed to catapult themselves so quickly ahead.
> Capitalism is why there is no chip fab in the US
Umm what? My friend works at one. There's dozens of them in the US.
Also the reason why chip fabs took off in certain other countries is because of state sponsorship by feeding their development off of the tax base. i.e. corporate welfare.