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by cucumber3732842
131 days ago
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>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. |
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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.