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by matheusmoreira 132 days ago
> all it did was lure western companies to move their production over and "learned" by copying

Yeah, and they fell for it. Handed over all their intellectual "property" to the chinese on a silver platter. Moved all their production to China, thereby deindustrializing their own countries and impoverishing their fellow citizens to the point of nearly wiping out the middle class.

I wonder if it's even possible for the west to save itself at this point.

2 comments

What happened one way, can happen the other. Recently, I've watched a documentary about late 19th century steel maker. His approach was very similar to what many seem to consider "uniquely Chinese" for some reason.

He bought IP from people who didn't see value in it. He obtained state subsidies and convinced politicians to see his sector as a national priority. When he couldn't buy the know how, he had it reverse engineered from samples.

West just needs to go back to what used to work, and what still works. If China could industrialize itself from practically nothing, why couldn't western countries do something similar? Some of them already did after WWII.

It's just a matter of will. And accepting that there will have to be compromises and certain level of sacrifice.

The biggest reason as others have already discussed, manufacturing is inherently dirty work so better off shore and be concerned about the environment locally.
>Yeah, and they fell for it. Handed over all their intellectual "property" to the Chinese on a silver platter. Moved all their production to China

"Fell for it" looks a lot like "basically compelled by the economic impacts of public policy and political winds" so far as I can tell.

Some man in a C-suite in 2002 who was wrestling with a decision to refresh domestic factories with capital investments that would pay off over the next 15yr and be competitive for 30 or build new in China could only make that decision one way without being ousted by his own board. Even if the economics barely penciled out positively after compliance costs the political winds made it too risky.

I mean, yeah, someone fell for it. The public, the politicians, etc. etc. But it's not like anyone who didn't have to grapple with the numbers didn't know what they were doing was suspect at best, though many of course deluded themselves into believing in it.

How many decades and dollars did we spend shipping trash plastic overseas because they provided us with receipts saying they were recycling it when they were landfilling, burning or dumping it? Everyone who knew the chemistry and energy prices knew it didn't really work but still, it happened.

The US government fell for it too. China made it economically attractive to deindustrialize and destroy your own country? Tax them until it's no longer the case. I don't know. Do something. Respond to the situation. Tip the scales so that the ominous board of directors has no choice but to swallow the bitter pill and like it. Trump is trying it but looks like it's too little too late.

The fact is at some point the USA shifted from nation to an amalgamate of corporations. The US government serves the interests of corporations that have gone multinational, corporations that are barely american at this point, corporations that now kowtow before China lest they lose access to the chinese market and its growing middle class. Meanwhile China consistently demonstrates the ability to plan and execute long term strategies that advance the interests of the chinese civilization. I don't like it but I have to respect it. They're making democracies and their leaders look like complete idiots who care about nothing but muh reelection.