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> Why has China produced most of the serious competition to US software titans? In a word, Chinese protectionism. However, given how our software titans are do
by jnbiche 8y ago
> Why has China produced most of the serious competition to US software titans?
In a word, Chinese protectionism. However, given how our software titans are dominating our society, I'm not sure it's a bad thing that competitors have emerged, even if it was from the cradle of market manipulation.
- forkLding 8y agoChinese protectionism wasn't bad in the first place, Americans adopted the infant industry argument articulated by Alexander Hamilton and American tariffs were highest in the world from 1816 through 1945, other countries are just now adopting whats working from the past. https://en.wikipedia.org/wiki/Infant_industry_argument https://en.wikipedia.org/wiki/Infant_industry_argument