China wants to limit teens to using their phones for just an hour a day to fight rising ‘internet addiction’::The Cyberspace Administration of China announced proposed regulations for children’s smartphone usage, including a “minor mode” with time limits.
I don’t know if that’s really a good thing, but they have done quite a few decent things like cracking down on the rich for tax evasion (and using the billions “donated” by big corps to provide aid to the lower SES population), and the famous for grooming and sexual assaults. I’m no fan of an authoritarian regime, but there aren’t many places in this world where the rich and famous suffer the consequences of fucking around.
I’m guessing its their way of emulating nordic style progressive wealth taxes without scaring their markets.
Well, the crackdown has definitely scared the market and wiped out more than $1 trillion worth of stock value. It’s a fascinating case study of the fusion between communism and capitalism, as well as the convergence of centralized control and economic liberalism.