China Faces an Electricity Crisis
foreignpolicy.com
Blackouts and factory shutdowns add more strain to the economy and threaten to disrupt global supply chains.
  • LibsEatPoop [any]
    ·
    3 years ago

    Look at the trouble Venezuela got into by over-subsidizing food when supply could not meet demand.

    Could you give me some links to read up more about this from a leftist perspective?

    Or (oversimplified) when Soviet factories overpaid certain workers and allowed them to trade the equivalents of 1 hours work in energy generation for 2 hours work in agriculture, allowing workers to buy more meat and speciality items that distributers could fulfill.

    Damn.