中国产业内卷与软预算约束
从新三样价格战到芯片机器人，剖析中国产业在地方政府软预算约束下的内卷机制、饱和投资模式及其宏观收益与微观代价。
odus@odusChina’s Discounts and Three Paths: Why High-Profit Businesses Struggle to Survive in China
The New Three Products Price War；China’s Discounting and Profit Shredder
Sdreavmer@SdreavmerLow profits in the middle tier of industrial economies: four paths beyond mere monopoly-driven clearing
Solutions to the low-profit predicament of mid-tier companies in industrialized countries；The formation of the German-Japanese niche-market model and institutional safeguards
odus@odusInvolutionary Thrust: Capital Anxiety, Startup Leapfrog, and Humanoid Robot Specimens
Soft Budget Constraints vs. Corporate Efficiency；Price Wars and Overcapacity；Humanoid Robot Startup Leapfrog