| > Not only that, but the US government is neither as aggressive nor as forward-looking about such partnerships What? The chinese modeled their economic system after the US. We love to portray ourselves as having a separation between the "private" and the "public". That is absolute nonsense. The chinese, like the US and europe and japan and south korea and all major world economies, are corporate mercantilists. When the railroads, mining corps, oil corporations, etc needed the natives to be "gone", it was the US government that exterminated the natives. When US corporate interests needed access to central america, it was the US government that cleared the way. When US corporate interests wanted access to the middle east, east asia, south east asia, etc, it was the US government that lent a hand. The US has always been and always will be a mercantilist nation. > preferring to let market forces have their way. You are buying into the propaganda. All "market" forces are human forces. After all, there is no market without humans. > China is tilting the playing field in its favor, while the world's sole superpower is hobbled by clowns and criminals in the executive branch, and corrupt prime contractors pretend to supply the government with tech that they neither understand nor make themselves. Oh ye of little faith. China has destroyed its environment and sold its people as slave labor to the west for development. If you look at US-china trade, 80% of the wealth is in US hands and 20% of it is in chinese hands. Take the iPhone as an example. It sells for $800. What percentage of $800 do you think the chinese gets? What percentage do you think US shareholders gets? Almost all of the iPhone's values goes to US based shareholders. The chinese get peanuts. |
https://en.wikipedia.org/wiki/Industrial_policy
Japan is the master of modern industrial policy. Then South Korea/Taiwan, then China, faithfully adapt the Japanese model.