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Francis Cabot Lowell, who was instrumental behind the industrialization of the US, visited textile plants in the UK and committed their designs to memory, which
by Leary 8y ago
Francis Cabot Lowell, who was instrumental behind the industrialization of the US, visited textile plants in the UK and committed their designs to memory, which were later introduced to the famed Lowell textile plants in Massachusetts.
At the time (1826), America's per capita GDP was $2,460, which is 68% of the UK's per capita GDP of $3,600. Today, China's per capita GDP is $16,000, or 29% of of the US's per capita GDP of $55,000.
- fhood 8y agoFair enough, but as I recall, respect for patent law at the time was very limited, particularly where other countries were concerned.
- HaloZero 8y agoOther Western nations are also behind the US in terms of GDP per capita but not as much as China. Japan is about $39,000, Germany is $41,000, France is like $37,000. But Poland which is part of the EU is $12,000 as well. Russia is like $9000 per capita.
- Aunche 8y agoPoland can't get away with violating IP laws, since they're part of the EU and benefit from that relationship. Russia is basically doing the same thing as China, but they don't export enough for it to really matter.
- yorwba 8y agoI found a report by the U.S. Chamber of Commerce’s Global Innovation Policy Center rating different countries' intellectual property policies: http://globalipcenter.wpengine.com//wp-content/uploads/2018/02/GIPC_IP_Index_2018.pdf http://globalipcenter.wpengine.com//wp-content/uploads/2018/... For all I know the numbers are totally made up, but they rate Russia at 17.29, China at 19.08, Poland at 26.56, Japan at 34.58, Germany at 36.54, France at 36.74 and the US at 37.98. Obviously the relationship to GDP per capita isn't monotonic, but some correlation appears to be there.
- stevenwoo 8y agoIs this GDP measured per free person in America or does it include slaves or is it the traditional American a slave counts a 3/5 person for the purposes of government? I recall reading somewhere James Madison bragging about his yearly investment in his slaves was $12 and his return was $250, and this is only about 10 years before the UK outlawed slavery in total across the empire.