4 ms·
> It's the US' problem to find what to sell. And only the US can solve it. Well there's the problem of China not respecting copyright or any type of intellectu
by gph 10y ago
> It's the US' problem to find what to sell. And only the US can solve it.
Well there's the problem of China not respecting copyright or any type of intellectual property. And that's not just a problem for the Facebooks of the world, they are stealing our agricultural and industrial knowledge as well. And while it's not officially sanctioned by the CCP, it's unofficially encouraged.
- RobertoG 10y agoThat's the standard book for developing an economy. The USA did that to Europe, specially to England.
- gph 10y agoThere is no standard for developing an economy, you've just taken two similar instances in history and correlated them. Or did Japan, Germany, et al. develop their economy through industrial espionage and I just haven't learned about it yet?
- RobertoG 10y agoIt's funny that you mention the Japanese. I don't know if you were around in the 80's but, if you were and have some memory, this song that we are listening now, should be familiar to you. And it seems to me that, yes, there is a standard for developing a country's economy: you build and industrial base. For that you need importing technology and knowledge. For that you need foreign currency. So, you sell the job of your people. By the way, what you don't do, if you are clever, is follow the IMF advice.
- izacus 10y agoThis implies that the American way of looking at these things is the ONLY right way of looking at things and that Chinese need to accept western companies on western terms.
- gph 10y agoIf they are going to be part of the global economy then they need to accept the terms of the global economy. Yea their practices are mainly harming western countries at this point, but in the future maybe it's India or Singapore that has the lead in these areas. Would you think it's alright for China to do it then? Like it or not the global capitalist economy has to be built with some form of protection for content and IP producers. I fail to see how China's model is the 'right way of looking at things'. In fact if we all acted like China I'm guessing the global economy would collapse.
- Juliate 10y ago"If they are going to be part of the global economy then they need to accept the terms of the global economy." This is an absolutely marvelous way of looking at things. For once, it ignores that the "global economy" may profit a lot from revising its own terms (especially regarding copyright/IP). Or that the "global economy" is more like the interests of the few powerful ones who say what it is.
- gph 10y agoSure there are theoretically better ways of doing things. If there are theoretically better ways of distributing food does that mean I get to go rob a grocery store? You can't flaunt the rules and regulations of world trade because you disagree with them or want to change them. Besides that's not what China wants. China wants to eat its cake and have it too. Edit: Wow looks like it's ok to lie, cheat, and steal because "the other guy does it and I think the system is unjust on top of that." Really spectacular arguments from the anti-establishment crowd.
- izacus 10y agoAnd so does USA, EU and others. Isn't that how foreign diplomacy and trade works? Steal, murder, take what you can, behave well only when someone forces you to? Because from current perspective I can't seem to find a reason why China would back down and let their own economy be taken over by western companies, when protectionism works well for them and their manufacturing is holding the world world by the proverbial balls. It's the tactic USA employed mercilessly (and still does) to get the best position - forcing everyone else to drop their rules to trade with them. Of course, now when China does it it's suddenly a problem, because Facebook, Google and others can't monopolize their market and transfer money to their offshore accounts? :)
- tossaway322 10y agogph says:>"... the problem of China not respecting copyright or any type of intellectual property. " And, after thirty years' trying, mainland Chinese still make very low-quality hand tools and have severely damaged Western suppliers of the same. "Give me a good screwdriver and a place to stand - I will move the Earth." - Archimedes322 P.S. Why the downvote? Compare the quality of USA-, European- and Chinese-made (except Taiwanese, which are often exquisite) hand tools. The mainland Chinese don't measure up to a 1920's standards of manufacture in the West.